Wynne Sarah 4
Research Summary
AI-generated summary
TransDigm (TDG) CFO Sarah Wynne Exercises 1,494 Options
What Happened
- Sarah Wynne, Chief Financial Officer of TransDigm Group (TDG), exercised stock options on Feb 5, 2026 to acquire 1,494 common shares at an exercise/ conversion price of $559.78 per share, a total value of $836,311. The filing also shows a paired derivative disposal of 1,494 option units at $0.00, which reflects conversion of the derivative into the underlying shares rather than an open-market sale.
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-06 (timely).
- Acquired: 1,494 shares at $559.78/share — total value shown $836,311.
- Disposed (derivative): 1,494 units at $0.00 — denotes conversion/exercise of the derivative instrument.
- Shares owned after transaction: not specified in the information provided.
- Transaction code: M (exercise/conversion of derivative). No 10b5-1 plan, tax-withholding, or sale entries were reported in the provided lines.
Context
- This was an options exercise/conversion into shares, not an open-market sale. The paired $0.00 disposal line is a standard Form 4 way to show the derivative was removed upon conversion. Exercises do not necessarily indicate a change in sentiment (they often reflect routine option vesting or compensation), and there is no evidence in the provided filing that shares were immediately sold to cover costs or taxes.