Form 4: TTM Technologies Director Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Daniel G. Korte was granted 1,358 restricted stock units in TTM Technologies, Inc.
Summary
- Director Daniel G. Korte acquired 1,358 restricted stock units (RSUs) on May 7, 2026.
- Each RSU represents the right to receive one share of common stock.
- The grant was issued at a price of $0.00 per unit.
- The units are scheduled to vest on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The restricted stock units are set to vest on May 7, 2027, one year from the grant date.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term board commitment and align leadership with shareholder value.
Comparison to Industry Standards
- The grant of restricted stock units to non-employee directors is a common practice among publicly traded technology and manufacturing firms to ensure board retention and alignment.
- The structure of the grant follows standard SEC reporting requirements for director compensation.
Stakeholder Impact
- Minimal impact on shareholders as the grant represents a standard component of director compensation.
Next Steps
- Vesting of the 1,358 restricted stock units on May 7, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/07/2026 | Date of the restricted stock unit grant transaction. |
| 05/08/2026 | Date of filing for the Form 4. |
Keywords
TTMI, TTM Technologies, Form 4, Insider Trading, Equity Grant, Director Compensation
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