Form 4: TTM Technologies CEO Thomas Edman Reports Stock Transactions
SEC Form 4
TTM Technologies CEO Thomas Edman reports acquisition and disposition of company stock related to vesting of performance-based restricted stock units and tax obligations.
Summary
- On February 11, 2025, TTM Technologies CEO Thomas Edman acquired 97,496 shares of common stock due to the vesting of performance-based restricted stock units granted on June 22, 2022.
- On February 12, 2025, Edman disposed of 54,478 shares of common stock at a weighted average price of $25.5532 per share to cover tax liabilities associated with the vesting of the performance RSUs.
- Following these transactions, Edman beneficially owns 859,813 shares of TTM Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't convey any particularly positive or negative sentiment about the company's performance or future prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It doesn't necessarily indicate a change in the company's outlook or performance.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by the CEO.
Key Dates
| Date | Description |
|---|---|
| June 22, 2022 | Date of grant for performance-based restricted stock units. |
| February 11, 2025 | Date of acquisition of 97,496 shares due to vesting of performance-based restricted stock units. |
| February 12, 2025 | Date of disposition of 54,478 shares to cover tax liabilities. |
| February 13, 2025 | Date of signature for the Form 4 filing. |
Keywords
TTM Technologies, Thomas Edman, stock, Form 4, CEO, vesting, RSU, tax liability, shares, transaction
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