Form 4: Director Ryan D. McCarthy Receives TTMI Stock Grant
Statement of Changes in Beneficial Ownership
TTM Technologies director Ryan D. McCarthy was granted 1,358 restricted stock units as part of an equity compensation award.
Summary
- Director Ryan D. McCarthy acquired 1,358 restricted stock units (RSUs) of TTM Technologies, Inc. (TTMI).
- The transaction occurred on May 7, 2026.
- Each RSU represents a contingent right to receive one share of common stock.
- The grant was issued at a price of $0.00 per share, consistent with standard equity compensation practices.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- The value of the granted equity is subject to market volatility and the future performance of TTMI common stock.
Future Outlook
The restricted stock units are scheduled to vest on the first anniversary of the grant date, May 7, 2027.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice to ensure long-term alignment between board members and company performance in the electronics manufacturing sector.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation packages for publicly traded technology companies.
- The one-year vesting schedule is a common industry practice 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 1,358 restricted stock units on May 7, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/07/2026 | Date of the RSU grant transaction. |
| 05/08/2026 | Date of filing the Form 4. |
Keywords
TTM Technologies, TTMI, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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