Form 4: TTM Technologies EVP, General Counsel Daniel J. Weber Sells 13,000 Shares

Sentiment:

SEC Form 4


Daniel J. Weber, EVP and General Counsel of TTM Technologies, sold 13,000 shares of common stock at an average price of $19.0015 on August 19, 2024.

Summary

  • On August 19, 2024, Daniel J. Weber, the EVP and General Counsel of TTM Technologies Inc. (TTMI), sold 13,000 shares of the company's common stock.
  • The shares were sold on the open market at a weighted average price of $19.0015.
  • The price range for the sales was between $19.00 and $19.04.
  • Following the transaction, Weber directly owns 94,488 shares of TTM Technologies Inc.
  • The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.

Stakeholder Impact

  • The stock sale could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply, but the effect is likely minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates

DateDescription
08/19/2024Date of the stock sale transaction.
08/20/2024Date of the Form 4 filing.

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