---
schema_version: "secwatch.filing_event.v1"
accession: "0001260221-21-000103"
form_type: "8-K"
ticker: "TDG"
cik: "0001260221"
company_name: "TransDigm Group INC"
filed_at: "2021-08-10T23:59:59+00:00"
generated_at: "2026-06-29T16:17:17.496671+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TransDigm Q3 sales up 19% to $1.22B; EPS $5.43 vs -$0.09; Howley becomes Non-Exec Chairman

## Summary
- Q3 net sales $1,218M (+19% YoY); income from cont ops $317M vs loss of $5M; adjusted EPS $3.33 (+116%).
- EBITDA As Defined $559M (45.9% margin); operating cash flow $252M; FY2021 guidance remains suspended citing COVID uncertainty.
- W. Nicholas Howley transitioned to non-executive Chairman effective Aug 6, accelerated ~1 year; received 105,000 stock options at $629.11, no board fees.
- Divested ScioTeq/TREALITY for ~$200M and TAC for ~$40M; recognized net gain of ~$68M in Q3.
- Effective tax rate negative 30% in Q3; FY2021 GAAP tax rate expected 0-3%, adjusted 18-20%.

## SEC filing metadata
- accession: 0001260221-21-000103
- form_type: 8-K
- ticker: TDG
- cik: 0001260221
- company_name: TransDigm Group INC
- filed_at: 2021-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1260221/000126022121000103/0001260221-21-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1260221/000126022121000103/tdg-20210806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001260221-21-000103
- JSON: https://secwatch.observer/filing/0001260221-21-000103.json
- Plain text: https://secwatch.observer/filing/0001260221-21-000103.txt

## Key facts
- Executive change
  W. Nicholas Howley was appointed as Chairman of the Board at TransDigm Group INC.
  - Action: appointed
  - Role: Chairman of the Board
  source text: On August 6, 2021, the Company’s Board of Directors appointed W. Nicholas Howley as Chairman of the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1260221/000126022121000103/0001260221-21-000103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.