Form 4: TTM Technologies Executive Receives Stock Units

Sentiment:

Insider Transaction Filing


TTM Technologies Chief Accounting Officer Elizabeth Romo was granted 2,417 restricted stock units on June 24, 2026.

Summary

  • Elizabeth Romo, Chief Accounting Officer at TTM Technologies Inc., received a grant of 2,417 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 stock will be delivered within 30 days of June 24 of each year, following vesting.
  • Following this transaction, Romo beneficially owns 14,212 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard executive compensation practice rather than a significant change in company performance or strategy.

Positives

  • Grant of restricted stock units to a key executive, indicating potential alignment of executive interests with shareholder value.
  • The vesting schedule suggests a retention incentive for the Chief Accounting Officer over a three-year period.

Risks

  • The value of the restricted stock units is subject to the future performance and stock price of TTM Technologies.
  • Vesting is contingent on continued employment, meaning any departure before vesting would result in forfeiture of unvested units.

Future Outlook

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

Industry Context

StockSavvy.ai notes that the grant of restricted stock units to a Chief Accounting Officer is a common practice in the technology sector to incentivize long-term performance and align executive interests with shareholders.

Stakeholder Impact

  • Shareholders: The grant aligns executive incentives with long-term company performance, potentially benefiting shareholders if the stock price increases.
  • Employees: May indicate a stable management structure and continued investment in key personnel.
  • Management: Provides a financial incentive for continued service and performance.

Next Steps

  • Vesting of restricted stock units on the first, second, and third anniversaries of the grant date.
  • Delivery of shares within 30 days of June 24 of each year, following vesting.

Key Dates

DateDescription
06/24/2026Date of earliest transaction; grant date of restricted stock units.
06/24/2026Date of delivery of stock underlying restricted units.
06/26/2026Date of signature on the filing.

Keywords

TTM Technologies, TTMI, Form 4, Restricted Stock Units, RSU Grant, Executive Compensation, Insider Transaction, Chief Accounting Officer, Securities Ownership

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