HENNESSY SEAN P 4
Research Summary
AI-generated summary
TransDigm (TDG) Director Sean P. Hennessy Receives 41-Share Award
What Happened
- Sean P. Hennessy, a director of TransDigm Group Inc. (TDG), received an award of 41 shares on 2026-03-20. The shares were valued at $1,214.66 each for a total of $49,801 (transaction code A = award/grant). This was receipt of stock in lieu of a semi-annual director fee, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-20; 41 shares at $1,214.66 per share (total ~$49,801).
- Transaction type: A (Award/Grant) — shares issued in lieu of director fees under the Director Share Plan.
- Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for total beneficial ownership.
- Footnote: Receipt of stock in lieu of payment of semi-annual director fee, based on fair market value under the Director Share Plan.
- Filing timeliness: Form 4 filed 2026-03-23 — within the required two business days after the transaction (timely).
Context
- Receipt of shares as director compensation is a routine form of non-cash pay and does not necessarily indicate a change in the director's market view. For retail investors, purchases are generally more informative about insider sentiment than routine compensation awards.