Form 4: Director Wajid Ali Receives TTM Technologies Stock Grant
Statement of Changes in Beneficial Ownership
Director Wajid Ali was granted 1,811 restricted stock units of TTM Technologies, Inc. as part of an equity compensation award.
Summary
- Director Wajid Ali 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 an equity grant rather than a market purchase.
- Following this transaction, the director's total beneficial ownership of common stock increased to 25,835 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, routine disclosure of director compensation that does not signal a change in company strategy or financial health.
Positives
- The grant aligns the director's interests with those of shareholders through equity-based compensation.
Negatives
- None identified; this is a standard equity compensation disclosure.
Risks
- None identified; this is a routine administrative filing regarding director compensation.
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 a standard corporate governance practice designed to ensure long-term alignment between directors and shareholders in the electronics manufacturing services sector.
Comparison to Industry Standards
- The grant of restricted stock units to directors is consistent with standard compensation practices for publicly traded companies in the technology and manufacturing sectors.
Stakeholder Impact
- Minimal impact on shareholders as this represents standard director compensation.
Next Steps
- Vesting of the 1,811 restricted stock units on May 6, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/06/2026 | Date of the restricted stock unit grant transaction. |
| 05/08/2026 | Date the Form 4 was filed with the SEC. |
Keywords
TTM Technologies, TTMI, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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