Form 4: TTM Technologies CAO Sells Shares for Tax Liability
Insider Transaction Report
TTM Technologies' Chief Accounting Officer, Elizabeth Romo, sold 897 shares of common stock to cover tax obligations related to RSU vesting.
Summary
- Elizabeth Romo, Chief Accounting Officer of TTM Technologies Inc. (TTMI), reported a transaction on February 13, 2026.
- The transaction involved the disposition of 897 shares of Common Stock.
- The shares were sold at a price of $93.57 per share.
- The sale was conducted to satisfy the tax liability incident to the vesting of Restricted Stock Units (RSUs).
- Following this transaction, Romo beneficially owns 11,795 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine, non-discretionary sale of shares to cover tax obligations related to RSU vesting, which does not reflect a change in the company's fundamentals or management's outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider sales of shares to cover tax liabilities upon the vesting of Restricted Stock Units (RSUs) are a routine and common occurrence across all industries. Such transactions are typically non-discretionary and are generally not interpreted as a signal of management's sentiment regarding the company's future prospects or stock performance.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction by an insider for tax purposes, not indicative of a change in company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 02/13/2026 | Date of earliest transaction, involving the disposition of shares. |
| 02/17/2026 | Date the Form 4 was signed by the attorney-in-fact for Elizabeth Romo. |
Recommendation
holdThe transaction represents a routine sale of shares by an insider to cover tax obligations upon the vesting of Restricted Stock Units (RSUs). It does not reflect a discretionary investment decision or signal a change in the company's fundamental outlook, thus warranting a 'hold' recommendation as it provides no new information to alter an existing investment thesis.
Keywords
TTM Technologies, TTMI, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Liability, Beneficial Ownership, Chief Accounting Officer
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