Form 4: TTM Technologies EVP Vests 44,471 Shares

Shawn A. Powers, EVP of Human Resources at TTM Technologies, acquired 44,471 shares of common stock through the vesting of performance-based restricted stock units.

Summary

• Shawn A. Powers, Executive Vice President of Human Resources at TTM Technologies Inc. (TTMI), acquired 44,471 shares of common stock.
• The transaction occurred on February 11, 2026.
• These shares were acquired at a price of $0.00, indicating they were released in connection with the vesting of performance-based restricted stock units.
• The original performance-based restricted stock units were granted on June 22, 2023.
• Following this transaction, Mr. Powers beneficially owns 151,975 shares of TTM Technologies common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting the routine vesting of executive compensation and alignment of interests, without indicating any new strategic or operational developments.

Positives

• The vesting of 44,471 shares aligns the executive's interests with those of shareholders, as their compensation is tied to company performance.
• The transaction reflects the successful vesting of previously granted performance-based restricted stock units, suggesting certain performance targets were met.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that this Form 4 filing represents a routine insider transaction, specifically the vesting of executive compensation. Such events are common across publicly traded companies and typically reflect pre-scheduled compensation plans rather than discretionary trading decisions.

Related Party Transactions

• This filing details an acquisition of common stock by an executive officer (Shawn A. Powers) from the issuer (TTM Technologies Inc.) as part of an executive compensation plan, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The vesting of performance-based units can be seen as positive, as it aligns the executive's long-term interests with shareholder value creation.
• Employees: Reflects the company's executive compensation structure, potentially influencing broader employee incentive programs.
• Executive (Shawn A. Powers): Represents a component of their compensation package, increasing their direct ownership in the company.

Key Dates

Keywords

TTM Technologies, TTMI, Shawn A. Powers, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Executive Compensation, Common Stock