Form 4: Triumph Group SVP & CFO James F. McCabe, Jr. Reports Stock Transactions
SEC Form 4 Filing
James F. McCabe, Jr., SVP & CFO of Triumph Group Inc., reports acquisition and disposal of common stock and restricted stock units related to performance-based vesting and tax liabilities.
Summary
- On April 24, 2025, James F. McCabe, Jr., SVP & CFO of Triumph Group Inc., acquired 44,509 shares of common stock from a performance-based restricted stock units award.
- On the same day, 13,410 shares were disposed of at $25.25 to cover tax liabilities related to the vesting.
- On April 27, 2025, McCabe acquired 8,787 shares of common stock and disposed of 3,821 shares at $25.30 to cover tax liabilities.
- McCabe also acquired 40,580 restricted stock units on April 24, 2025, and 8,787 restricted stock units on April 27, 2025.
- Following these transactions, McCabe directly owns 206,870.01 shares of common stock and 8,789 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions related to vesting and tax obligations. The acquisition of shares due to performance goals is a slightly positive indicator.
Positives
- The acquisition of 44,509 shares indicates that performance goals were met, which could be viewed positively.
Future Outlook
The remaining restricted stock units vest on April 27, 2026.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing provides insight into the executive's holdings and transactions, which can be of interest to investors.
Comparison to Industry Standards
- Comparing McCabe's holdings and transactions to those of executives at similar aerospace companies like Boeing, Lockheed Martin, or General Dynamics would provide a benchmark for assessing the magnitude of his ownership and trading activity.
- Reviewing the vesting schedules and performance metrics associated with restricted stock unit awards at these comparable companies would offer context for evaluating the terms of McCabe's compensation package.
- Analyzing the frequency and size of insider transactions at these companies would help determine whether McCabe's trading activity is typical for executives in the aerospace industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting the stock.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Acquisition of 44,509 common stock shares and 40,580 restricted stock units; disposal of 13,410 shares for tax liabilities. |
| 04/27/2025 | Acquisition of 8,787 common stock shares; disposal of 3,821 shares for tax liabilities. |
| 04/27/2026 | Remaining restricted stock units vest. |
| 04/28/2025 | Date of Form 4 filing. |
Keywords
Triumph Group Inc, McCabe, Stock, Restricted Stock Units, Form 4, Beneficial Ownership, Insider Trading
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