Form 4: TTM Technologies Executive Reports Stock Grant

Robert P. Farrell of TTM Technologies Inc. reported a grant of 1,813 restricted stock units on June 24, 2026.

Summary

• Robert P. Farrell, an officer of TTM Technologies Inc., received a grant of 1,813 restricted stock units (RSUs) on June 24, 2026.
• These RSUs represent the contingent right to receive one share of the Issuer's common stock.
• The RSUs will vest in three equal installments over three years from the grant date.
• The underlying stock will be delivered within 30 days of June 24 each year.
• Following this transaction, Mr. Farrell beneficially owns 18,299 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 indicates a long-term incentive for management, aligning their interests with shareholders.
• Vesting schedule over three years encourages retention and sustained performance.
• Mr. Farrell's continued beneficial ownership of 18,299 shares demonstrates ongoing commitment.

Future Outlook

The restricted stock units will vest one-third on the first, second, and third anniversaries of the grant date, with stock delivery occurring within 30 days of June 24 each year.

Industry Context

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

Stakeholder Impact

• Shareholders: The grant of RSUs aligns management's interests with long-term shareholder value creation.
• Employees: The vesting schedule may encourage retention of key personnel.
• Management: Provides incentive and potential future equity ownership.

Next Steps

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

Key Dates

Keywords

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