TransDigm Group INC Files Definitive Proxy Statement

Ticker: TDG · Form: DEF 14A · Filed: 2024-01-26T00:00:00.000Z

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, TransDigm Group, Executive Compensation, Corporate Governance

TL;DR

<b>TransDigm Group INC has filed its Definitive Proxy Statement for the fiscal year ending September 30, 2023.</b>

AI Summary

TransDigm Group INC (TDG) filed a Proxy Statement (DEF 14A) with the SEC on January 26, 2024. Filing is a Definitive Proxy Statement (DEF 14A) for TransDigm Group INC. The reporting period for the filing is the fiscal year ending September 30, 2023. The filing was made on January 26, 2024. TransDigm Group INC is in the Aircraft Part & Auxiliary Equipment industry. The company's principal executive offices are located in Cleveland, OH.

Why It Matters

For investors and stakeholders tracking TransDigm Group INC, this filing contains several important signals. This filing provides detailed information on executive compensation, board of directors, and shareholder proposals, which are crucial for investors to understand governance and potential impacts on stock value. As a DEF 14A filing, it signifies the company is preparing for its annual shareholder meeting, where key decisions regarding company leadership and strategy will be made.

Risk Assessment

Risk Level: low — TransDigm Group INC shows low risk based on this filing. This is a routine DEF 14A filing, which is standard for public companies and does not indicate any unusual risks.

Analyst Insight

Monitor upcoming shareholder votes and executive compensation decisions outlined in this filing for potential impacts on company strategy and shareholder returns.

Key Numbers

2023-09-30 — Fiscal Year End (Conformed period of report)
2024-01-26 — Filing Date (Filed as of date)
DEF 14A — Form Type (Filing Type)
001-32833 — SEC File Number (SEC Filing Information)

Key Players & Entities

TransDigm Group INC (company) — Filer
2024-01-26 (date) — Filed as of date
2023-09-30 (date) — Conformed period of report
0001260221 (company) — Central Index Key
3728 (industry) — Standard Industrial Classification
DE (state) — State of Incorporation
OH (state) — Business Address State
216 706 2960 (phone) — Business Phone

Forward-Looking Statements

TransDigm will continue to use a mix of stock and option awards as a significant component of executive compensation in future fiscal years. (TransDigm Group INC) — high confidence, target: 2025-09-30

FAQ

When did TransDigm Group INC file this DEF 14A?

TransDigm Group INC filed this Proxy Statement (DEF 14A) with the SEC on January 26, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by TransDigm Group INC (TDG).

Where can I read the original DEF 14A filing from TransDigm Group INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by TransDigm Group INC.

What are the key takeaways from TransDigm Group INC's DEF 14A?

TransDigm Group INC filed this DEF 14A on January 26, 2024. Key takeaways: Filing is a Definitive Proxy Statement (DEF 14A) for TransDigm Group INC.. The reporting period for the filing is the fiscal year ending September 30, 2023.. The filing was made on January 26, 2024..

Is TransDigm Group INC a risky investment based on this filing?

Based on this DEF 14A, TransDigm Group INC presents a relatively low-risk profile. This is a routine DEF 14A filing, which is standard for public companies and does not indicate any unusual risks.

What should investors do after reading TransDigm Group INC's DEF 14A?

Monitor upcoming shareholder votes and executive compensation decisions outlined in this filing for potential impacts on company strategy and shareholder returns. The overall sentiment from this filing is neutral.

From the Filing

0001260221-24-000015.txt : 20240126 0001260221-24-000015.hdr.sgml : 20240126 20240126071624 ACCESSION NUMBER: 0001260221-24-000015 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 106 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TransDigm Group INC CENTRAL INDEX KEY: 0001260221 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 510484716 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-32833 FILM NUMBER: 24564158 BUSINESS ADDRESS: STREET 1: 1301 EAST 9TH STREET STREET 2: SUITE 3000 CITY: CLEVELAND STATE: OH ZIP: 44114 BUSINESS PHONE: 216 706 2960 MAIL ADDRESS: STREET 1: 1301 EAST 9TH STREET STREET 2: SUITE 3000 CITY: CLEVELAND STATE: OH ZIP: 44114 FORMER COMPANY: FORMER CONFORMED NAME: TD HOLDING CORP DATE OF NAME CHANGE: 20030818 DEF 14A 1 tdg-20240125.htm DEF 14A tdg-20240125 0001260221 DEF 14A false 0001260221 2022-10-01 2023-09-30 iso4217:USD xbrli:pure 0001260221 2021-10-01 2022-09-30 0001260221 2020-10-01 2021-09-30 0001260221 tdg:StockAwardsAdjustmentsMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:StockAwardsAdjustmentsMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:StockAwardsAdjustmentsMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:OptionAwardsAdjustmentsMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:OptionAwardsAdjustmentsMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:OptionAwardsAdjustmentsMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:EquityAwardsGrantedInPriorYearsUnvestedMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:EquityAwardsGrantedInPriorYearsUnvestedMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:EquityAwardsGrantedInPriorYearsUnvestedMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:EquityAwardsGrantedInCurrentYearUnvestedMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:EquityAwardsGrantedInCurrentYearUnvestedMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:EquityAwardsGrantedInCurrentYearUnvestedMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:VestingDateFairValueOfEquityAwardsGrantedAndVestedInCurrentYearMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:VestingDateFairValueOfEquityAwardsGrantedAndVestedInCurrentYearMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:VestingDateFairValueOfEquityAwardsGrantedAndVestedInCurrentYearMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:EquityAwardsValueOfDividendsAdjustmentMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:EquityAwardsValueOfDividendsAdjustmentMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:EquityAwardsValueOfDividendsAdjustmentMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:ChangeInPensionValueMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:ChangeInPensionValueMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:ChangeInPensionValueMember ecd:PeoMember 2020-10-01 2021-09-30 0001260221 tdg:PensionAdjustmentsServiceCostMember ecd:PeoMember 2022-10-01 2023-09-30 0001260221 tdg:PensionAdjustmentsServiceCostMember ecd:PeoMember 2021-10-01 2022-09-30 0001260221 tdg:PensionAdjustmentsServiceCostMember ecd:PeoMember 2020-10-01 2021-09-30 0