Form 4: TTM Technologies Executive Sells 5,000 Shares Under 10b5-1 Plan
SEC Form 4 Filing
TTM Technologies' President of A&D C4Isr, Jeff Jankowsky, sold 5,000 shares of common stock at $24.23 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Jeff Jankowsky, President of A&D C4Isr at TTM Technologies, sold 5,000 shares of the company's common stock on November 27, 2024.
- The sale was executed at a price of $24.23 per share.
- This transaction was conducted under a pre-arranged 10b5-1 sales plan.
- Following the sale, Mr. Jankowsky directly owns 55,273 shares of TTM Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing for an insider stock sale under a pre-arranged plan, indicating a neutral sentiment.
Industry Context
This is a routine filing for insider transactions and is common for executives who use 10b5-1 plans for pre-planned stock sales.
Comparison to Industry Standards
- Executive stock sales are a common occurrence in publicly traded companies.
- The use of 10b5-1 plans is a standard practice to avoid accusations of insider trading.
- The volume of shares sold is relatively small compared to the total outstanding shares of TTM Technologies.
Stakeholder Impact
- The sale is unlikely to have a significant impact on shareholders as it is a small transaction by an executive under a pre-arranged plan.
Key Dates
| Date | Description |
|---|---|
| 11/27/2024 | Date of the stock sale transaction. |
Keywords
TTM Technologies, insider trading, Form 4, stock sale, 10b5-1 plan, Jeff Jankowsky, executive transaction
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