Form 4: Director Rex D. Geveden Receives TTM Technologies RSU Grant

TTM Technologies director Rex D. Geveden was granted 2,344 restricted stock units as part of an equity compensation award.

Summary

• Director Rex D. Geveden acquired 2,344 restricted stock units (RSUs) on May 6, 2026.
• The RSUs were granted at a price of $0.00 per share.
• Following this transaction, the director's total beneficial ownership of common stock increased to 94,824 shares.
• The granted units are scheduled to vest on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial strategy.

Positives

• The grant aligns the director's interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The value of the equity grant is subject to future market fluctuations in TTM Technologies common stock.

Future Outlook

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

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder value in the electronics manufacturing services sector.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with standard compensation practices for publicly traded technology companies.
• The vesting period of one year is a common industry benchmark for director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as the grant represents a standard component of director compensation.

Next Steps

• Vesting of the 2,344 restricted stock units on May 6, 2027.

Key Dates

Keywords

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