Howley W Nicholas 4

What Happened
Howley W. Nicholas, a director of TransDigm Group Inc. (TDG), was issued 113 shares on March 20, 2026 as an award/other acquisition. The shares were valued at $1,214.66 each for a total of $137,257. This was not an open-market purchase or sale but stock issued in lieu of a semi-annual director fee.

Key Details

• Transaction date: 2026-03-20; Price per share: $1,214.66; Total value: $137,257.
• Transaction type: A (award/acquisition — stock received in lieu of fees).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Receipt of stock in lieu of payment of semi-annual director fee, based on fair market value under the Director Share Plan.
• Filing date: 2026-03-23 — filed within the required reporting window (timely).

Context
Stock received as director compensation is routine and reflects payment structure rather than a market-timing buy or sell. Such awards increase an insider’s holdings but are generally viewed as compensation, not a direct bullish signal.