Form 4: TTM Technologies Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Director Julie Spicer England acquired 1,811 restricted stock units in TTM Technologies, Inc. as part of an equity grant.
Summary
- Director Julie Spicer England was granted 1,811 restricted stock units (RSUs) on May 6, 2026.
- Each RSU represents the right to receive one share of TTM Technologies common stock.
- Following this transaction, the director's total beneficial ownership increased to 108,352 shares.
- The granted 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.
- Increase in total beneficial ownership by a member of the board.
Negatives
- None identified; this is a standard equity compensation disclosure.
Risks
- None identified; this is a standard equity compensation disclosure.
Future Outlook
The restricted stock units are set to vest on May 6, 2027, one year from the grant date.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the technology and manufacturing sectors to ensure long-term alignment with shareholder value.
Comparison to Industry Standards
- The grant of restricted stock units is consistent with standard compensation packages for board members in the electronics manufacturing services industry.
- The vesting period of one year is typical for director equity awards among mid-cap technology firms.
Stakeholder Impact
- Minimal impact on shareholders as the grant represents a standard component of director compensation.
Next Steps
- Vesting of the 1,811 restricted stock units on May 6, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/06/2026 | Date of the restricted stock unit grant transaction. |
| 05/08/2026 | Date the Form 4 was filed with the SEC. |
Keywords
TTM Technologies, TTMI, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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