Form 4: TTM Technologies Director Gifts Shares to Family Foundation
Insider Transaction
TTM Technologies Director Thomas T. Edman transferred 12,750 shares of common stock to the Edman Family Foundation, retaining voting and investment power.
Summary
- Director Thomas T. Edman of TTM Technologies Inc. (TTMI) transferred 12,750 shares of common stock.
- The transfer was made to the Edman Family Foundation, a charitable foundation where Mr. Edman serves as President.
- Mr. Edman retains voting and investment power over all securities owned by the foundation.
- Following this transaction, Mr. Edman beneficially owns 821,723 shares directly.
- The transaction occurred on November 26, 2025, and was a gift with a reported price of $0.0000.
Sentiment
Score: 6
Explanation: Neutral to slightly positive. The transaction is a gift to a charitable foundation, with the director retaining control, which is a neutral event for the company's operational performance. The philanthropic aspect is mildly positive.
Positives
- The director's continued beneficial ownership of shares, including those held by the foundation, indicates ongoing alignment with shareholder interests.
- The transfer to a charitable foundation suggests philanthropic activity by the director.
Negatives
- A reduction in direct share ownership, although beneficial ownership is retained, could be perceived as a slight decrease in personal direct exposure to the company's stock performance.
Future Outlook
This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This is a routine insider transaction filing and does not provide specific insights into broader industry trends or competitive landscape. It reflects an individual director's share management.
Related Party Transactions
- Director Thomas T. Edman transferred 12,750 shares of common stock to the Edman Family Foundation, of which he is President and retains voting and investment power.
Stakeholder Impact
- Shareholders: Minimal direct impact on company operations or valuation, but reflects a director's personal asset management. The retention of voting and investment power means no change in control for these shares.
Key Dates
| Date | Description |
|---|---|
| 11/26/2025 | Date of transaction where 12,750 shares of common stock were transferred. |
| 12/01/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 reports a director's gift of shares to a family foundation, with the director retaining voting and investment power. Such a transaction is a routine insider filing and does not indicate any material change in the company's fundamentals, operational performance, or strategic outlook that would warrant a change from a 'hold' recommendation.
Keywords
TTM Technologies, TTMI, Form 4, Insider Transaction, Director, Share Transfer, Charitable Foundation, Beneficial Ownership, Common Stock
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