TransDigm Group Inc. Files DEF 14A for FY2024

Ticker: TDG · Form: DEF 14A · Filed: 2025-01-24T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

TL;DR

TDG DEF 14A out - exec comp details for FY24 filed.

AI Summary

TransDigm Group Inc. filed a DEF 14A on January 24, 2025, for the fiscal year ending September 30, 2024. The filing details executive compensation and other corporate governance matters. Key figures include compensation data for the fiscal years 2022, 2023, and 2024, with specific amounts related to stock awards and changes in the fair value of outstanding equity awards.

Why It Matters

This filing provides crucial insights into how TransDigm Group compensates its top executives, which can influence investor decisions and perceptions of the company's governance practices.

Risk Assessment

Risk Level: medium — DEF 14A filings often contain information about executive compensation and corporate governance that can signal potential risks or changes in management strategy.

Key Numbers

2024 — Fiscal Year End (The period covered by the filing's financial and compensation data.)
2023 — Fiscal Year End (Previous fiscal year for comparative compensation data.)
2022 — Fiscal Year End (Earlier fiscal year for comparative compensation data.)

Key Players & Entities

TransDigm Group INC (company) — Filer of the DEF 14A
0001260221 (company) — Central Index Key for TransDigm Group INC
20250124 (date) — Filing date of the DEF 14A
20240930 (date) — Fiscal year end for the reported period

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit proxies from shareholders for an upcoming annual or special meeting of shareholders. It contains detailed information about matters to be voted on, including executive compensation, director elections, and corporate governance proposals.

When was this specific DEF 14A filing by TransDigm Group INC submitted?

This DEF 14A filing by TransDigm Group INC was submitted on January 24, 2025.

What fiscal year does this DEF 14A filing primarily cover?

This DEF 14A filing covers the fiscal year ending on September 30, 2024.

What type of compensation data is typically detailed in a DEF 14A?

DEF 14A filings typically detail executive compensation, including base salary, bonuses, stock awards, option awards, and other benefits, as well as the fair value of these awards and changes in their value.

What is the SIC code listed for TransDigm Group INC?

The Standard Industrial Classification (SIC) code listed for TransDigm Group INC is 3728, which corresponds to AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC.

From the Filing

0001260221-25-000007.txt : 20250124 0001260221-25-000007.hdr.sgml : 20250124 20250124063054 ACCESSION NUMBER: 0001260221-25-000007 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 107 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20250124 DATE AS OF CHANGE: 20250124 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: 25551587 BUSINESS ADDRESS: STREET 1: 1350 EUCLID AVENUE STREET 2: SUITE 1600 CITY: CLEVELAND STATE: OH ZIP: 44115 BUSINESS PHONE: 216 706 2960 MAIL ADDRESS: STREET 1: 1350 EUCLID AVENUE STREET 2: SUITE 1600 CITY: CLEVELAND STATE: OH ZIP: 44115 FORMER COMPANY: FORMER CONFORMED NAME: TD HOLDING CORP DATE OF NAME CHANGE: 20030818 DEF 14A 1 tdg-20250123.htm DEF 14A tdg-20250123 0001260221 DEF 14A false iso4217:USD xbrli:pure 0001260221 2023-10-01 2024-09-30 0001260221 2022-10-01 2023-09-30 0001260221 2021-10-01 2022-09-30 0001260221 2020-10-01 2021-09-30 0001260221 tdg:AggregateGrantDateFairValueOfEquityAwardAmountsReportedInSummaryCompensationTableStockAwardsMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 tdg:AggregateGrantDateFairValueOfEquityAwardAmountsReportedInSummaryCompensationTableStockAwardsAdjustmentsOptionAwardsMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:PnsnAdjsSvcCstMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 ecd:PnsnAdjsPrrSvcCstMember ecd:PeoMember 2023-10-01 2024-09-30 0001260221 tdg:AggregateGrantDateFairValueOfEquityAwardAmountsReportedInSummaryCompensationTableStockAwardsMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 tdg:AggregateGrantDateFairValueOfEquityAwardAmountsReportedInSummaryCompensationTableStockAwardsAdjustmentsOptionAwardsMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:PnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 ecd:PnsnAdjsPrrSvcCstMember ecd:NonPeoNeoMember 2023-10-01 2024-09-30 0001260221 2 2023-10-01 2024-09-30 0001260221 1 2023-10-01 2024-09-30 0001260221 3 2023-10-01 2024-09-30     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 14A Proxy Statement Pursuant to