Lisman Michael 4
Research Summary
AI-generated summary
TransDigm (TDG) CEO Michael Lisman Buys 950 Shares
What Happened
Michael Lisman, President & CEO and a director of TransDigm Group Inc. (TDG), acquired 950 shares via an open-market purchase on February 6, 2026 at $1,284.26 per share, for a total reported value of $1,220,048. This filing reports a purchase (code P), which is a direct buy of shares rather than an option exercise or award.
Key Details
- Transaction date: 2026-02-06; Filing date (Form 4): 2026-02-09 (timely within required reporting window).
- Price per share: $1,284.26; Shares acquired: 950; Total value: $1,220,048.
- Ownership after transaction: The filing confirms 1,954 shares held indirectly in trust (a previous Form 4 erroneously duplicated that line; this filing clarifies the correct indirect holding is 1,954). The filing does not disclose a full total direct/indirect share count beyond this trust holding.
- Transaction type: Open-market purchase (code P). Not an option exercise, gift, or award.
- Footnote: Prior Form 4 (11/14/2025) duplicated a holding line; this report corrects that and confirms the trust holding.
- No indication of a 10b5-1 plan or tax withholding noted in this report.
Context
- Purchases by executives are often watched by investors as they represent money committed to the company by insiders, though filings do not state motivation.
- This is a straight buy (not a cashless exercise or sale), and the filing appears timely per Form 4 rules.