Form 4: TTM Technologies Director, John G. Mayer, Acquires 10,723 Shares of Common Stock

Director John G. Mayer acquired 10,723 shares of TTM Technologies Inc. common stock on May 09, 2024, through a grant of restricted stock units.

Summary

• On May 9, 2024, John G. Mayer, a director of TTM Technologies Inc., acquired 10,723 shares of common stock.
• The acquisition was in the form of restricted stock units (RSUs).
• Each RSU represents the right to receive one share of TTM Technologies' common stock.
• The RSUs will vest on the first anniversary of the grant date.
• The stock underlying the restricted units will be delivered upon the reporting person's retirement from the Board of Directors.
• Following the transaction, Mayer directly owns 167,227 shares of TTM Technologies Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of stock acquisition by a company director. It doesn't inherently indicate positive or negative sentiment, but rather a routine disclosure.

Positives

• The acquisition of shares by a director may signal confidence in the company's future prospects.

Future Outlook

The shares underlying the restricted stock units will vest on the first anniversary of the date of grant and will be delivered upon the reporting person's retirement from the Board of Directors.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates