Form 4: TTM Technologies Director Sells Shares Under 10b5-1 Plan

TTM Technologies Director John G. Mayer sold 9,167 shares of common stock for approximately $68.13 per share under a pre-arranged Rule 10b5-1 plan.

Summary

• John G. Mayer, a Director of TTM Technologies Inc. (TTMI), reported a sale of common stock.
• The transaction involved the disposition of 9,167 shares of common stock.
• The shares were sold at a weighted average price of $68.1335 per share, with individual transactions ranging from $68.11 to $68.15.
• The sale was executed on November 14, 2025.
• Following this transaction, John G. Mayer beneficially owns 165,140 shares of TTM Technologies Inc. common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider stock sale under a Rule 10b5-1 plan. Such transactions are generally considered neutral in terms of immediate market sentiment as they are not typically indicative of new information or a change in company fundamentals.

Positives

• The sale was conducted under a Rule 10b5-1 plan, indicating a pre-scheduled transaction rather than an opportunistic sale based on immediate market conditions or non-public information.

Negatives

• A director's sale of shares, even if pre-planned, can sometimes be perceived by some investors as a reduction in insider conviction, although this is a routine part of personal financial management.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction filing and does not provide specific insights into broader industry trends or competitive landscape. Insider sales under 10b5-1 plans are common across various industries as executives manage their personal portfolios.

Stakeholder Impact

• Shareholders: May note a director's reduction in direct ownership, though the pre-planned nature under Rule 10b5-1 mitigates concerns about opportunistic selling.

Key Dates

Keywords

TTM Technologies, TTMI, Insider Trading, Form 4, Director Sale, Stock Sale, 10b5-1 Plan, Equity Transaction