Form 4: TTM Technologies Executive Acquires Shares

Gregory S. Fortier, SVP of TTM Technologies, acquired 1,813 shares of common stock through a restricted stock unit grant.

Summary

• Gregory S. Fortier, Senior Vice President and President of Integrated Electronics at TTM Technologies, Inc., acquired 1,813 shares of common stock.
• The acquisition occurred on June 24, 2026, and was a result of a grant of restricted stock units (RSUs).
• Each RSU represents the contingent right to receive one share of the Issuer's common stock.
• These RSUs will vest one-third on each of the first, second, and third anniversaries of the grant date.
• The underlying stock will be delivered within 30 days of June 24 of each year.
• Following this transaction, Fortier beneficially owns 7,413 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard executive compensation award rather than a significant market-moving transaction.

Positives

• Executive compensation through RSUs indicates management's alignment with long-term company performance.
• Vesting schedule suggests a retention incentive for the executive.

Future Outlook

The filing does not contain forward-looking statements or guidance. The vesting schedule for the RSUs implies a future delivery of shares.

Industry Context

StockSavvy.ai notes that insider transactions, particularly the acquisition of shares through equity awards like RSUs, are common in the technology manufacturing sector as a means to attract, retain, and incentivize key executives.

Stakeholder Impact

• Shareholders: The transaction reflects a standard executive compensation practice, with no immediate dilution or significant impact on share count. Long-term alignment of executive interests with shareholders is a positive.
• Employees: The RSU grant highlights a compensation strategy that may be mirrored for other employees, reinforcing performance-based incentives.
• Management: The transaction is part of the compensation package for Gregory S. Fortier.

Next Steps

• Vesting of restricted stock units over three years.
• Delivery of underlying shares within 30 days of June 24 of each year.

Key Dates

Keywords

TTM Technologies, TTMI, Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation, Gregory S. Fortier