AI English summary of an SEC filing — figures as filed

The company said Kevin M. Stein stepped down as President and Chief Executive Officer on September 30, 2025, and Michael J. Lisman succeeded him in that role.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Oct 3, 2025Period of report Oct 1, 2025Summary published (UTC) Oct 12, 2026

Key points

AI summary

The company said Kevin M. Stein stepped down as President and Chief Executive Officer on September 30, 2025, and Michael J. Lisman succeeded him in that role.
The company said Stein will remain on the Board of Directors. It said the Board and the company are grateful for his leadership and service of nearly 11 years.
The company said that under a Consulting Agreement dated October 1, 2025, Stein will serve as an advisor for up to twenty-four months to support the leadership transition and will receive consulting fees of $25,000 per month.
The company said Stein's existing stock options may continue to vest while he continues to serve the company. Under the Consulting Agreement, however, he agreed to forfeit a portion of the unexercised stock options granted during his tenure as CEO.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

CEO succession: Kevin M. Stein steps down, Michael J. Lisman takes over

The company said Kevin M. Stein stepped down as President and Chief Executive Officer on September 30, 2025, and Michael J. Lisman succeeded him in that role.

Source · Based on the filing body and exhibits

Stein stays on Board; length of service

The company said Stein will remain on the Board of Directors. It said the Board and the company are grateful for his leadership and service of nearly 11 years.

Source · Based on the filing body and exhibits

Terms of Stein's Consulting Agreement

The company said that under a Consulting Agreement dated October 1, 2025, Stein will serve as an advisor for up to twenty-four months to support the leadership transition and will receive consulting fees of $25,000 per month.

Source · Based on the filing body and exhibits

Stein's existing stock options vesting and partial forfeiture

The company said Stein's existing stock options may continue to vest while he continues to serve the company. Under the Consulting Agreement, however, he agreed to forfeit a portion of the unexercised stock options granted during his tenure as CEO.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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