TransDigm Group INC·4

Jul 17, 4:16 PM ET

Reiss Joel 4

4 · TransDigm Group INC · Filed Jul 17, 2026

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TransDigm (TDG) COO Joel Reiss Exercises Options, Sells Shares

What Happened

  • Joel Reiss, Chief Operating Officer of TransDigm Group (TDG), exercised/converted derivatives (code M) and acquired a total of 7,800 shares (two entries of 3,900 each). One exercise reported a cash cost of $284.97 per share (3,900 shares; $1,111,383); the other 3,900-share conversion is reported at $0.00.
  • On the same date (2026-07-15) he sold 3,486 shares in multiple open-market transactions (code S) at prices ranging roughly from $1,195 to $1,229, producing gross proceeds of $4,239,695. The weighted average sale price was about $1,217 per share.
  • Net from these reported entries, Reiss acquired 7,800 shares and sold 3,486 — a net increase of 4,314 shares for him based on this filing. These transactions show option exercise followed by partial sale (common for exercise/tax/liquidity reasons), not a directional endorsement of the stock.

Key Details

  • Transaction date: July 15, 2026; Form filed July 17, 2026 (timely).
  • Options exercised: 7,800 shares total (two entries of 3,900). Reported cash cost shown: $1,111,383 (for the $284.97 exercise).
  • Shares sold: 3,486 shares, gross proceeds $4,239,695, weighted average ~ $1,217/share.
  • Footnotes: Multiple footnotes (F1–F28) indicate the sales occurred in many small lots at varying prices within ranges (≈ $1,195.03–$1,229.44); reported prices are weighted averages for groups of trades.
  • Shares owned after transaction: not specified in this portion of the filing (this is the first of two Form 4s for these transactions).

Context

  • M = option exercise/derivative conversion; S = open-market sale. This pattern (exercise then sell some shares) is commonly used to cover exercise cost or taxes or to diversify — the filing itself does not state motive.
  • Because this is the first of two Form 4s for the transaction, additional detail (including full post-transaction holdings) may appear in the subsequent filing.

Insider Transaction Report

Form 4
Period: 2026-07-15
Reiss Joel
Co-Chief Operating Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2026-07-15$284.97/sh+3,900$1,111,3837,500 total
  • Sale

    Common Stock

    [F1]
    2026-07-15$1195.20/sh10$11,9527,490 total
  • Sale

    Common Stock

    [F2]
    2026-07-15$1197.85/sh70$83,8507,420 total
  • Sale

    Common Stock

    [F3]
    2026-07-15$1198.80/sh80$95,9047,340 total
  • Sale

    Common Stock

    [F4]
    2026-07-15$1200.14/sh156$187,2227,184 total
  • Sale

    Common Stock

    [F5]
    2026-07-15$1201.32/sh160$192,2117,024 total
  • Sale

    Common Stock

    [F6]
    2026-07-15$1202.44/sh116$139,4836,908 total
  • Sale

    Common Stock

    [F7]
    2026-07-15$1203.80/sh74$89,0816,834 total
  • Sale

    Common Stock

    2026-07-15$1204.60/sh10$12,0466,824 total
  • Sale

    Common Stock

    [F8]
    2026-07-15$1206.69/sh30$36,2016,794 total
  • Sale

    Common Stock

    [F9]
    2026-07-15$1208.51/sh60$72,5106,734 total
  • Sale

    Common Stock

    [F10]
    2026-07-15$1209.20/sh80$96,7366,654 total
  • Sale

    Common Stock

    [F11]
    2026-07-15$1210.31/sh30$36,3096,624 total
  • Sale

    Common Stock

    [F12]
    2026-07-15$1211.50/sh90$109,0356,534 total
  • Sale

    Common Stock

    [F13]
    2026-07-15$1212.59/sh110$133,3856,424 total
  • Sale

    Common Stock

    [F14]
    2026-07-15$1213.73/sh170$206,3346,254 total
  • Sale

    Common Stock

    [F15]
    2026-07-15$1215.13/sh211$256,3926,043 total
  • Sale

    Common Stock

    [F16]
    2026-07-15$1216.22/sh239$290,6785,804 total
  • Sale

    Common Stock

    [F17]
    2026-07-15$1217.25/sh60$73,0355,744 total
  • Sale

    Common Stock

    [F18]
    2026-07-15$1218.22/sh90$109,6405,654 total
  • Sale

    Common Stock

    [F19]
    2026-07-15$1219.30/sh90$109,7375,564 total
  • Sale

    Common Stock

    [F20]
    2026-07-15$1220.50/sh140$170,8695,424 total
  • Sale

    Common Stock

    [F21]
    2026-07-15$1221.53/sh210$256,5215,214 total
  • Sale

    Common Stock

    [F22]
    2026-07-15$1222.60/sh60$73,3565,154 total
  • Sale

    Common Stock

    [F23]
    2026-07-15$1223.51/sh138$168,8455,016 total
  • Sale

    Common Stock

    [F24]
    2026-07-15$1224.62/sh509$623,3324,507 total
  • Sale

    Common Stock

    [F25]
    2026-07-15$1225.62/sh153$187,5194,354 total
  • Sale

    Common Stock

    [F26]
    2026-07-15$1226.98/sh40$49,0794,314 total
  • Sale

    Common Stock

    [F27]
    2026-07-15$1227.82/sh210$257,8424,104 total
  • Sale

    Common Stock

    [F28]
    2026-07-15$1228.79/sh90$110,5914,014 total
  • Exercise/Conversion

    Stock Option

    2026-07-15+3,90019,700 total
    Exercise: $284.97From: 2021-09-30Exp: 2027-11-08Common Stock (3,900 underlying)
Footnotes (28)
  • [F1]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,195.0300 - $1,195.3200. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F10]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,208.9700 - $1,209.4000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F11]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,210.1300 - $1,210.4500. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F12]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,211.1600 - $1,211.9300. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F13]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,212.2400 - $1,213.0100. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F14]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,213.2600 - $1,214.1500. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F15]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,214.6500 - $1,215.6200 The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F16]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,215.6600 - $1,216.6400. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F17]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,216.7200 - $1,217.6700. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F18]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,217.8300 - $1,218.6200. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F19]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,218.9300 - $1,219.6900. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F2]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,197.5000 - $1,198.4400. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F20]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,220.0600 - $1,221.0400. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F21]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,221.0900 - $1,222.0600. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F22]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,222.1300 - $1,223.1200. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F23]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,223.1500 - $1,224.1200. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F24]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,224.1600 - $1,225.1300. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F25]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,225.2200 - $1,226.1000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F26]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,226.4000- $1,227.3200. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F27]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,227.5200- $1,228.4600. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F28]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,228.5700 - $1,229.4400. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F3]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,198.6500 - $1,199.4500. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F4]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,199.8400 - $1,200.5700. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F5]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,200.8800 - $1,2201.7100. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F6]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,202.0100 - $1,202.9200. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F7]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,203.0500 - $1,204.0300. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F8]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,206.4600 - $1,207.0900. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  • [F9]Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,207.9200 - $1,208.9000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
Signature
/s/ Rachel L. Quinlan as attorney in fact for Joel Reiss|2026-07-17

Documents

1 file
  • 4
    primarydocument.xmlPrimary

    PRIMARY DOCUMENT