Form 4: TTM Technologies EVP Catherine Gridley Reports Stock Transactions
SEC Form 4 Filing
Catherine Gridley, EVP of TTM Technologies, reports acquisition of shares through vesting of restricted stock units and subsequent sale to cover tax obligations.
Summary
- Catherine A. Gridley, EVP of TTM Technologies, reported transactions involving common stock.
- On February 11, 2025, she acquired 31,468 shares related to the vesting of performance-based restricted stock units granted on June 22, 2022.
- On February 12, 2025, she disposed of 15,558 shares to cover tax liabilities at a weighted average price of $25.558.
- Following these transactions, Gridley directly owns 131,206 shares of TTM Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into executive stock ownership and trading activities.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares compared to the total outstanding shares of TTM Technologies.
Key Dates
| Date | Description |
|---|---|
| 06/22/2022 | Date of grant for performance-based restricted stock units. |
| 02/11/2025 | Date of acquisition of 31,468 shares due to vesting of restricted stock units. |
| 02/12/2025 | Date of sale of 15,558 shares to cover tax liabilities. |
| 02/13/2025 | Date of signature for the Form 4 filing. |
Keywords
TTM Technologies, Catherine Gridley, stock transactions, Form 4, restricted stock units, insider trading, executive compensation
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