Form 4: TTM Technologies Executive Sells 19,015 Shares Under 10b5-1 Plan

TTM Technologies' EVP, Douglas L. Soder, sold 19,015 shares of common stock at an average price of $25.00 per share, as part of a pre-arranged 10b5-1 sales plan.

Summary

• Douglas L. Soder, an Executive Vice President at TTM Technologies, sold 19,015 shares of the company's common stock on December 2, 2024.
• The sale was executed under a pre-arranged 10b5-1 sales plan.
• The shares were sold at a weighted average price of $25.00, with individual transactions ranging from $25.00 to $25.01 per share.
• Following the transaction, Mr. Soder directly owns 185,478 shares of TTM Technologies stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of an executive stock sale under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

Executive stock sales are a common occurrence and are often part of pre-planned strategies for personal financial management. The use of a 10b5-1 plan indicates that the sale was pre-arranged and not based on any non-public information.

Comparison to Industry Standards

• Executive stock sales are a normal part of corporate activity, and the use of a 10b5-1 plan is a common practice to avoid accusations of insider trading.
• Comparable companies often see similar filings from their executives, and the volume of shares sold is not unusual for an executive at this level.

Stakeholder Impact

• The sale is unlikely to have a significant impact on stakeholders as it is a routine transaction under a pre-arranged plan.

Key Dates

Keywords

TTM Technologies, insider trading, stock sale, Form 4, 10b5-1 plan, executive sale, equity securities