Form 4: TTM Technologies EVP, General Counsel Daniel J. Weber Reports Sale of Shares to Cover Tax Obligations

Daniel J. Weber, EVP and General Counsel of TTM Technologies, sold 11,825 shares of common stock on June 24, 2024, to cover tax liabilities related to vesting RSUs.

Summary

• On June 24, 2024, Daniel J. Weber, the EVP and General Counsel of TTM Technologies Inc. (TTMI), sold 11,825 shares of the company's common stock.
• The sale was executed to cover the tax liability associated with the vesting of Restricted Stock Units (RSUs).
• The shares were sold at a weighted average price of $18.9917.
• The transactions occurred at prices ranging from $18.72 to $19.26.
• Following the transaction, Weber directly owns 120,488 shares of TTM Technologies Inc.
• The sale was conducted under a pre-arranged 10b5-1 Sales Plan.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to executive compensation and tax obligations, and doesn't indicate positive or negative sentiment about the company's performance.

Positives

• The sale was conducted under a pre-arranged 10b5-1 Sales Plan, indicating it was planned and not based on immediate market conditions.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect broader industry trends but provides transparency into executive stock transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the context of tax obligations and the pre-arranged 10b5-1 plan.

Key Dates