Form 4: TTM Technologies Director Receives Stock Grant

Director Philip G. Franklin was granted 1,811 restricted stock units by TTM Technologies, Inc.

Summary

• Director Philip G. Franklin acquired 1,811 restricted stock units (RSUs) of TTM Technologies, Inc. (TTMI) common stock.
• The transaction occurred on May 6, 2026.
• The RSUs were granted at a price of $0.00 per share.
• Following this transaction, the director's total beneficial ownership is 156,725 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• Director alignment with shareholder interests is reinforced through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are scheduled to vest on the first anniversary of the grant date, May 6, 2027.

Management Comments

• Each restricted stock unit represents the right to receive one share of the Issuer's common stock.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices intended to align board member incentives with long-term shareholder value creation.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is a common practice among publicly traded technology and manufacturing firms to ensure retention and alignment.
• The transaction size is consistent with standard director compensation packages for mid-cap companies.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the 1,811 restricted stock units on May 6, 2027.

Key Dates

Keywords

TTM Technologies, TTMI, Form 4, Insider Trading, Director Compensation, Restricted Stock Units