Co-COO Joel Reiss sold 414 shares at blended $1,231.11 for $509.7K via pre-arranged 10b5-1 plan
Joel Reiss executed 4 separate sales totaling 414 shares for $509,677.61 on 2026-07-15, reducing his holdings from 4,014 to 3,600 shares (-10.3%). The transaction was executed under a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled rather than discretionary. While the current stock price of $1,214.43 sits -25.2% from the 52-week high of $1,623.82 and down -7.8% over the prior 30 days, the transaction timing itself is not a signal of insider judgment—10b5-1 plans operate on fixed schedules independent of market conditions. His prior sales at TDG on 2026-06-15 showed 30-day returns ranging from -3.9% to -3.2%, consistent with broader market weakness in the stock during this period rather than evidence of prescient selling.