Form 4: TTM Technologies Executive Daniel J. Weber Reports Stock Transactions

Daniel J. Weber, EVP and General Counsel of TTM Technologies, reports acquisition and disposal of common stock related to vesting of performance-based restricted stock units and tax liability coverage.

Summary

• On February 11, 2025, Daniel J. Weber acquired 29,585 shares of TTM Technologies common stock upon the vesting of performance-based restricted stock units granted on June 22, 2022.
• On February 12, 2025, Weber disposed of 13,920 shares to cover the tax liability associated with the vesting of the restricted stock units at a weighted average price of $25.5485.
• The sales were executed under a pre-arranged 10b5-1 sales plan.
• Following these transactions, Weber directly owns 110,153 shares of TTM Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related sales.

Key Dates

Keywords

TTM Technologies, Daniel J. Weber, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, 10b5-1 Sales Plan, Insider Trading