Murphy Patrick Joseph 4
4 · TransDigm Group INC · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
TransDigm (TDG) COO Patrick Murphy Exercises Options, Sells 290 Shares
What Happened
Patrick Joseph Murphy, Chief Operating Officer of TransDigm Group Inc., exercised options to acquire 290 shares and then sold those 290 shares in an open-market transaction on Feb 2, 2026. The options were exercised at $269.42 per share (cost ~$78,132), and the shares were sold the same day at $1,430.10 per share for gross proceeds of about $414,729. The filing also shows a derivative conversion/disposition entry for 290 shares at $0, which typically reflects the option instrument being converted/terminated upon exercise.
Key Details
- Transaction dates: February 2, 2026 (exercise and sale). Filing date: February 3, 2026 (timely).
- Exercise (code M): 290 shares acquired at $269.42 each — total option exercise cost ~$78,132.
- Sale (code S): 290 shares sold in open market at $1,430.10 each — gross proceeds ~$414,729.
- Derivative entry: 290-share disposition at $0 reflecting conversion/termination of the derivative instrument.
- Shares owned after transaction: not specified in the provided filing details.
- No notation of a 10b5-1 plan or tax-withholding entry was provided in the summary data supplied.
Context
This sequence — exercising options and immediately selling the resulting shares — is commonly a cashless exercise: the insider converts options into stock and sells the stock the same day to realize gains. Sales like this are routine for option exercises and do not by themselves indicate a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-02$269.42/sh+290$78,132→ 1,345 total - Sale
Common Stock
2026-02-02$1430.10/sh−290$414,729→ 1,055 total - Exercise/Conversion
Stock Option
2026-02-02−290→ 1,160 totalExercise: $269.42From: 2020-09-30Exp: 2026-11-10→ Common Stock (290 underlying)