Form 4: TTM Technologies Executive Robert P. Farrell Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Robert P. Farrell, President C&C of TTM Technologies, reports the sale of common stock to cover tax obligations and generate cash following the vesting of Restricted Stock Units (RSUs).

Summary

  • On February 18, 2025, Robert P. Farrell, President C&C of TTM Technologies, engaged in transactions involving the company's common stock.
  • 260 shares were disposed of to cover tax liabilities related to the vesting of RSUs at a price of $26.33 per share.
  • An additional 460 shares were sold for cash, also incident to the vesting of RSUs, at $26.33 per share.
  • Following these transactions, Farrell directly owns 21,298 shares of TTM Technologies common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales related to RSU vesting and tax obligations under a pre-arranged plan. It doesn't inherently indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

  • The stock sales could have a minor, temporary impact on the stock price, but the transactions are likely viewed as routine due to the pre-arranged 10b5-1 sales plan.

Key Dates

DateDescription
02/18/2025Date of stock transactions (sale of shares to cover tax liability and for cash related to RSU vesting).
02/19/2025Date of signature by Attorney-in-Fact, Daniel J. Weber.

Keywords

TTM Technologies, Robert P. Farrell, Form 4, Stock Sale, RSU Vesting, Insider Trading, 10b5-1 Plan, TTMI

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.