Form 4: TTM Technologies Executive Receives Stock Units

Sentiment:

Statement of Changes in Beneficial Ownership


Douglas L. Soder, EVP of Commercial Sector Pres. at TTM Technologies Inc., was granted 5,263 restricted stock units on June 24, 2026.

Summary

  • Douglas L. Soder, an Executive Vice President and President of the Commercial Sector at 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 are scheduled to vest one-third on each of the first, second, and third anniversaries of the grant date.
  • The underlying shares will be delivered on or within 30 days of June 24 of each year.
  • Following this transaction, Soder beneficially owns 213,508 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard executive stock grant and does not contain new financial performance data or strategic shifts.

Positives

  • Grant of restricted stock units to a key executive, indicating a potential incentive for long-term performance and alignment with shareholder interests.
  • The executive's continued beneficial ownership of a significant number of shares (213,508) suggests a commitment to the company.

Future Outlook

The restricted stock units will vest over three years, with delivery of shares occurring annually within 30 days of June 24.

Industry Context

StockSavvy.ai notes that the grant of restricted stock units is a common practice in the technology and manufacturing sectors to retain and incentivize executive talent, aligning their interests with long-term company performance and shareholder value.

Stakeholder Impact

  • Shareholders: The grant of RSUs can be viewed positively as it aligns executive interests with long-term company performance and shareholder value.
  • Employees: May indicate a stable management structure and continued investment in executive talent.
  • Management: Douglas L. Soder's compensation is tied to future company performance through the vesting schedule.

Next Steps

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

Key Dates

DateDescription
06/24/2026Date of earliest transaction and grant of restricted stock units.
06/26/2026Date of signature on the filing.

Keywords

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

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