Form 4: TTM Technologies Director Pamela B. Jackson Reports Acquisition of 10,723 Shares of Common Stock

Director Pamela B. Jackson reported acquiring 10,723 shares of TTM Technologies Inc. common stock through restricted stock units.

Summary

• On May 9, 2024, Pamela B. Jackson, 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 representing the right to receive one share of the Issuer's common stock.
• These RSUs were granted at a price of $0.0000.
• The shares underlying 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, Jackson directly owns 40,610 shares of TTM Technologies Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of stock units to a director. It doesn't inherently indicate positive or negative sentiment, but rather a routine part of corporate governance.

Positives

• The grant of restricted stock units to a director aligns their interests with the long-term performance of the company.
• Increased ownership by a director can be seen as a sign of 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 ownership changes of company insiders.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it indicates a director's increased stake in the company.

Key Dates