Form 4: TTM Technologies Executive Acquires Shares

TTM Technologies Inc. reports a Form 4 filing detailing executive Daniel J. Weber's acquisition of 5,077 common stock units.

Summary

• Daniel J. Weber, EVP, CLO & Secretary of TTM Technologies Inc., acquired 5,077 shares of common stock on June 24, 2026.
• This acquisition was made under a Rule 10b5-1(c) contract, instruction, or written plan.
• Following this transaction, Mr. Weber beneficially owns 91,165 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details a routine executive stock acquisition under a pre-arranged plan, without significant new financial information or strategic shifts.

Positives

• Executive acquisition of company stock can signal confidence in the company's future prospects.
• The transaction was executed under a pre-established plan, suggesting a structured approach to stock management.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that executive stock acquisitions, particularly under Rule 10b5-1 plans, are common in the technology sector as a means for executives to manage their personal portfolios while adhering to insider trading regulations. This filing for TTM Technologies Inc. aligns with typical insider activity observed within the industry.

Stakeholder Impact

• Shareholders: The acquisition by an executive may be viewed positively as a sign of insider confidence, though the impact on share price is likely minimal given it's a planned transaction.

Next Steps

• The restricted stock units granted will vest one-third on the first, second, and third anniversaries of the grant date.
• Stock underlying the restricted units will be delivered on or within 30 days of June 24 of each year.

Key Dates

Keywords

TTM Technologies, TTMI, Form 4, Insider Trading, Executive Compensation, Stock Acquisition, Beneficial Ownership