Form 4: TTM Technologies Executive Receives Stock Units

TTM Technologies Inc. reports a grant of restricted stock units to President, AMI&I Business Unit, Anthony Joseph Sandeen.

Summary

• Anthony Joseph Sandeen, President of the AMI&I Business Unit at TTM Technologies Inc., was granted 1,813 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.
• Delivery of the underlying stock will occur on or within 30 days of June 24 of each year.
• Following this transaction, Sandeen beneficially owns 43,255 shares of common stock.

Sentiment

Score: 5

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

Positives

• Grant of restricted stock units to a key executive, indicating a commitment to long-term incentive and retention.
• Clear vesting schedule and delivery terms for the RSUs, providing transparency to the executive and stakeholders.

Future Outlook

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

Industry Context

StockSavvy.ai notes that the granting of RSUs is a common practice in the technology sector for executive compensation, aligning management's interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The grant of RSUs is a form of compensation, which can impact dilution if shares are issued upon vesting. However, it also serves to incentivize key management for long-term performance.
• Employees: This filing is specific to an executive and does not directly impact other employees unless similar programs are in place.
• Management: Anthony Joseph Sandeen benefits from the potential future value of TTM Technologies' stock.

Next Steps

• Vesting of one-third of the RSUs on the first anniversary of the grant date.
• Delivery of underlying stock within 30 days of June 24 of each year for the next three years.

Key Dates

Keywords

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