Form 4: TTM Technologies Director Transfers Shares to Irrevocable Trust

Director Kenton K. Alder transferred 40,116 shares of TTM Technologies stock to The DCA Irrevocable Trust on May 14, 2024.

Summary

• On May 14, 2024, Kenton K. Alder, a director of TTM Technologies Inc., transferred 40,116 shares of common stock to The DCA Irrevocable Trust.
• The transfer was made for no consideration.
• Alder is the investment trustee of The DCA Irrevocable Trust, and he and his immediate family are the sole beneficiaries.
• Alder remains the beneficial owner of the securities held by The DCA Irrevocable Trust.
• Following the transaction, Alder directly owns 113,241 shares of TTM Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding a share transfer. It doesn't convey any positive or negative sentiment about the company's performance or future prospects.

Industry Context

This transaction is a routine disclosure of insider activity and doesn't necessarily indicate a change in the company's prospects or management's confidence.

Related Party Transactions

• The transfer of shares to The DCA Irrevocable Trust, of which Kenton K. Alder is the investment trustee and beneficiary, constitutes a related party transaction.

Stakeholder Impact

• The share transfer is unlikely to have a significant impact on stakeholders as it is a transfer between related parties and does not change the overall ownership structure significantly.

Key Dates