Form 4: TTM Technologies Executive Receives Stock Units

TTM Technologies Chief Operating Officer James P. Walsh was granted 5,263 restricted stock units on June 24, 2026.

Summary

• James P. Walsh, Chief Operating Officer of TTM Technologies Inc., received a grant of 5,263 restricted stock units (RSUs) on June 24, 2026.
• These RSUs represent the contingent right to receive one share of the company's common stock.
• The RSUs will vest over three years, with one-third vesting 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 vesting.
• Following this transaction, Mr. Walsh beneficially owns 35,896 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard executive compensation action rather than a significant financial event for the company.

Positives

• Grant of restricted stock units to a key executive, indicating a commitment to retaining and incentivizing leadership.
• Vesting schedule spread over three years suggests a long-term alignment of executive interests with shareholder value.
• The executive's continued beneficial ownership of 35,896 shares demonstrates ongoing investment in the company.

Future Outlook

The vesting schedule indicates a future delivery of shares to the executive over the next three years, contingent on continued service.

Industry Context

StockSavvy.ai notes that the granting of restricted stock units is a common practice in the technology sector for executive compensation, aimed at aligning management's interests with long-term company performance and shareholder value.

Stakeholder Impact

• Shareholders: The grant of RSUs is a form of compensation that dilutes ownership slightly upon vesting and delivery of shares, but it also aligns executive interests with long-term company performance.
• Employees: May signal a stable leadership structure and continued focus on executive retention.
• Management: The executive benefits from potential future stock appreciation and ownership.

Next Steps

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

Key Dates

Keywords

TTM Technologies, TTMI, Form 4, Restricted Stock Units, Executive Compensation, Stock Grant, Beneficial Ownership, Securities Exchange Act