Santana Michele 4

What Happened
Michele Santana, a director of TransDigm Group Inc. (TDG), received 30 shares on 2026-03-20 at a reported fair market value of $1,214.66 per share, for a total value of $36,440. The transaction is reported as an award/grant (code A) — stock issued in lieu of a semi‑annual director fee.

Key Details

• Transaction date: 2026-03-20; Filing date: 2026-03-23 (filed timely).
• Shares received: 30 shares at $1,214.66 per share; aggregate value $36,440.
• Transaction type/code: Award/Grant (A) — receipt of stock in lieu of cash compensation.
• Footnote: Stock issued under the Director Share Plan as payment of semi‑annual director fee (fair market value basis).
• Shares owned after transaction: Not specified in the provided filing.

Context
This was an issuance of shares as compensation, not an open‑market purchase or sale, so it primarily reflects routine director compensation rather than a buying/selling decision. Such awards are common for non‑employee directors and do not by themselves signal insider bullishness or bearishness.