Form 4: TTM Technologies EVP Sells Shares for Tax Liability
Insider Transaction Report
TTM Technologies EVP and CFO Daniel L. Boehle sold a total of 3,170 shares of common stock on June 23, 2026, to cover tax liabilities from vesting RSUs.
Summary
- Daniel L. Boehle, EVP and CFO of TTM Technologies Inc., sold a total of 3,170 shares of common stock on June 23, 2026.
- These sales were executed under a Rule 10b5-1 trading plan adopted on February 24, 2026.
- The primary purpose of these sales was to cover the tax liability arising from the vesting of Restricted Stock Units (RSUs).
- The sales occurred at various weighted average prices ranging from $201.89 to $213.73.
- Following these transactions, Mr. Boehle beneficially owns 72,922 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The sale of shares by an executive to cover tax liabilities from RSU vesting is a routine financial planning activity and does not inherently reflect a change in the executive's or company's outlook.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to insider stock transactions.
Management Comments
- The amount reported in Column 4 represents the sale of shares, pursuant to a 10b5-1 trading plan adopted on February 24, 2026, solely to pay the tax liability incident to the vesting of RSUs.
- The reporting person undertakes to provide to TTM Technologies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The sale of shares by an executive to cover tax liabilities from RSU vesting is a common occurrence and typically does not signal negative sentiment about the company's performance, but rather a planned financial event for the executive.
Stakeholder Impact
- Shareholders: The sale of shares by an executive is a standard disclosure and does not directly impact the company's operations or overall share availability in a significant way, especially when executed under a pre-arranged plan for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/24/2026 | Adoption date of the Rule 10b5-1 trading plan. |
| 06/23/2026 | Date of the reported stock sale transactions. |
| 06/25/2026 | Date the Form 4 was signed. |
Keywords
TTM Technologies, TTMI, Form 4, Insider Trading, Stock Sale, RSU Vesting, Tax Liability, 10b5-1 Plan, EVP, CFO
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