Form 4: TTM Technologies Executive Douglas Soder Reports Stock Transactions
SEC Form 4 Filing
EVP and President of TTM Technologies, Douglas Soder, reports acquisition and disposal of company stock related to vesting of performance-based restricted stock units and tax obligations.
Summary
- Douglas Soder, EVP and President of TTM Technologies, filed a Form 4 detailing changes in beneficial ownership.
- On February 11, 2025, Soder acquired 34,224 shares of common stock upon the vesting of performance-based restricted stock units (RSUs) granted on June 22, 2022.
- On February 12, 2025, Soder disposed of 15,691 shares of common stock at a weighted average price of $25.5541 to cover tax liabilities associated with the RSU vesting.
- Following these transactions, Soder beneficially owns 197,998 shares of TTM Technologies common stock.
Sentiment
Score: 5
Explanation: The document reflects routine stock transactions by an executive, primarily related to compensation and tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| June 22, 2022 | Date of grant for the performance-based restricted stock units. |
| February 11, 2025 | Date of acquisition of 34,224 shares due to RSU vesting. |
| February 12, 2025 | Date of disposal of 15,691 shares to cover tax liabilities. |
| February 13, 2025 | Date of signature on the Form 4 filing. |
Keywords
TTM Technologies, Douglas Soder, Form 4, Beneficial Ownership, Stock Transaction, RSU, 10b5-1 Plan, Executive Compensation
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