Form 4: TTM Technologies EVP of Finance, Daniel L. Boehle, Reports Acquisition of 34,177 Shares of Common Stock

Daniel L. Boehle, EVP of Finance at TTM Technologies, acquired 34,177 shares of common stock on June 21, 2024, through a grant of restricted stock units.

Summary

• On June 21, 2024, Daniel L. Boehle, the EVP of Finance at TTM Technologies, acquired 34,177 shares of common stock.
• This acquisition was a result of a grant of restricted stock units (RSUs).
• Each RSU represents the right to receive one share of TTM Technologies' common stock.
• The RSUs will vest in three equal installments on the first, second, and third anniversaries of the grant date.
• The stock underlying the vested units will be delivered within 30 days of June 22 of each vesting year.
• Following the reported transaction, Boehle beneficially owns 66,282 shares of TTM Technologies' common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive, which is neither overtly positive nor negative.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will vest over the next three years, potentially increasing Boehle's stake in the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates changes in the beneficial ownership of a company's securities by its officers and directors.

Stakeholder Impact

• The increased ownership by an executive could be viewed positively by shareholders, signaling confidence in the company's prospects.

Key Dates