Form 4: TTM Technologies EVP, President Douglas L. Soder Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Douglas L. Soder, EVP and President of TTM Technologies, sold 24,972 shares of common stock at $30 per share on May 14, 2025, under a pre-arranged 10b5-1 sales plan.
Summary
- On May 14, 2025, Douglas L. Soder, the EVP and President of TTM Technologies, sold 24,972 shares of the company's common stock.
- The sale was executed at a price of $30 per share.
- This transaction was conducted under a pre-arranged 10b5-1 sales plan.
- Following the transaction, Soder directly owns 173,026 shares of TTM Technologies' common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by executives are a normal part of corporate governance. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of stock sale transaction |
| 05/15/2025 | Date of signature on the Form 4 filing |
Keywords
TTM Technologies, Douglas L. Soder, Stock Sale, Form 4, 10b5-1 Plan, TTMI, Insider Trading
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