Form 4: Director Chantel Lenard Receives TTM Technologies Equity

Director Chantel E. Lenard was granted 1,811 restricted stock units in TTM Technologies, Inc. as part of standard compensation.

Summary

• Director Chantel E. Lenard acquired 1,811 restricted stock units (RSUs) of TTM Technologies, Inc. (TTMI) on May 6, 2026.
• The transaction was valued at $0.00 per share, representing a standard equity grant.
• Following this transaction, the director's total beneficial ownership in the company increased to 76,039 shares.
• The granted RSUs are scheduled to vest on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard administrative disclosure of director compensation rather than a strategic or operational shift.

Positives

• Alignment of director interests with shareholders through increased equity ownership.

Negatives

• None identified; this is a routine compensatory equity grant.

Risks

• None identified; this is a standard regulatory disclosure of director compensation.

Future Outlook

The restricted stock units are set to vest on May 6, 2027, one year from the date of grant.

Industry Context

StockSavvy.ai notes that routine equity grants to board members are standard corporate governance practices intended to incentivize long-term performance and align director interests with those of the shareholders.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with standard compensation practices for publicly traded technology and manufacturing firms.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensatory grant.

Next Steps

• Vesting of the 1,811 restricted stock units on May 6, 2027.

Key Dates

Keywords

TTM Technologies, TTMI, Form 4, Insider Trading, Director Compensation, Restricted Stock Units