Proteins are dynamic
entities that intermittently depart from their
ground-state structures and undergo conformational transitions as
a critical part of their functions. Central to understanding such
transitions are the structural rearrangements along the connecting
pathway, where the transition state plays a special role. Using NMR
relaxation at variable temperature and pressure to measure aromatic
ring flips inside a protein core, we obtain information on the structure
and thermodynamics of the transition state. We show that the isothermal
compressibility coefficient of the transition state is similar to
that of short-chain hydrocarbon liquids, implying extensive local
unfolding of the protein. Our results further indicate that the required
local volume expansions of the protein can occur not only with a net
positive activation volume of the protein, as expected from previous
studies, but also with zero activation volume by compaction of remote
void volume, when averaged over the ensemble of states.