Form 4: TTM Technologies Executive Reports Stock Disposal
SEC Form 4 Filing
Shawn A. Powers, EVP of Human Resources at TTM Technologies, disposed of 550 shares of common stock on May 14, 2024, as a gift.
Summary
- On May 14, 2024, Shawn A. Powers, the EVP of Human Resources at TTM Technologies, disposed of 550 shares of common stock.
- The transaction was a gift, indicated by transaction code 'G'.
- Following the transaction, Powers directly owns 94,494 shares of TTM Technologies common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by shareholders, although the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of stock disposal transaction |
| 05/16/2024 | Date of signature for the report |
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