Form 4: TransDigm Group INC: Co-Chief Operating Officer Joel Reiss Executes Stock Option and Sells Shares
SEC Form 4
Joel Reiss, Co-Chief Operating Officer of TransDigm Group INC, exercised stock options and sold shares on December 20, 2024, according to a Form 4 filing with the SEC.
Summary
- On December 20, 2024, Joel Reiss, Co-Chief Operating Officer of TransDigm Group INC, exercised stock options to acquire 3,000 shares of common stock at a price of $226.34 per share.
- Simultaneously, Reiss sold 3,000 shares of common stock at prices ranging from $1,250.0500 to $1,261.62.
- Following these transactions, Reiss directly owns 3,600 shares of TransDigm Group INC common stock.
- Reiss also holds 12,300 derivative securities in the form of stock options.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which can be of interest to investors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/30/2016 | Date exercisable for stock options |
| 12/20/2024 | Date of transaction: Exercise of stock options and sale of shares |
| 11/06/2025 | Expiration date for stock options |
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