Co-COO Joel Reiss sells 3,900 shares ($5.0M) at TransDigm; retains 3,600 post-transaction plus 15,800 stock options
Joel Reiss, Co-Chief Operating Officer, executed 18 separate sales totaling 3,900 shares for $4,979,456.59 at blended average price $1,276.78 on 2026-06-15. This represents a 52.0% reduction of his non-derivative holdings (from 7,500 to 3,600 shares), though he retains 15,800 shares through stock options. The transaction occurred with the stock trading 12.7% higher over 30 days and 12.8% higher over 90 days, within a 52-week range where current price ($1,328.31) sits 18.2% below its high. Across his prior open-market activity at TransDigm (5 recent prior sells on 2026-05-15), the insider's sales have consistently been followed by gains: 30-day returns ranged from +7.7% to +9.0%, though 90-day measurable outcomes are not yet available for those earlier trades. The high transaction volume (18 discrete sales at incrementally rising prices) and the scale of the reduction (half of non-derivative holdings in a single day) warrant monitoring against the company's strong fundamentals: $2.5B quarterly revenue, +11.2% annual growth, $535.0M net income, and $74.3B market cap.