Form 4: TTM Technologies Executive Receives Stock Grant

TTM Technologies Inc. reports a grant of restricted stock units to President and CEO Edwin Roks.

Summary

• Edwin Roks, President and CEO of TTM Technologies Inc., was granted 15,716 restricted stock units (RSUs) on June 24, 2026.
• These RSUs represent the contingent right to receive one share of the Issuer's common stock.
• The 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, Roks beneficially owns 54,814 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard executive compensation event rather than a significant financial or strategic development.

Positives

• Grant of restricted stock units to a key executive, indicating continued incentive and alignment with company performance.
• The executive's beneficial ownership of 54,814 shares demonstrates a significant personal stake in the company's success.

Future Outlook

The restricted stock units are scheduled to vest over three years, with delivery of the underlying stock occurring within 30 days of June 24 annually, suggesting a long-term incentive structure for the CEO.

Industry Context

StockSavvy.ai notes that executive stock grants are a common practice in the technology manufacturing sector to retain talent and align leadership interests with shareholder value, especially during periods of strategic development or market volatility.

Stakeholder Impact

• Shareholders: The grant aligns executive interests with long-term shareholder value creation through equity incentives.
• Employees: May signal stability and continued leadership, potentially impacting morale.
• Management: Reinforces the compensation structure for key executives.

Next Steps

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

Key Dates

Keywords

TTM Technologies, TTMI, Form 4, Restricted Stock Units, RSU, Executive Compensation, Stock Grant, Beneficial Ownership, SEC Filing