Form 4: TTM Technologies Executive Sells 5,000 Shares Under 10b5-1 Plan

Sentiment:

SEC Form 4 Filing


TTM Technologies' President of A&D C4Isr, Jeff Jankowsky, sold 5,000 shares of common stock at $25 per share on December 2, 2024, under a pre-arranged 10b5-1 sales plan.

Summary

  • Jeff Jankowsky, President of A&D C4Isr at TTM Technologies, sold 5,000 shares of the company's common stock on December 2, 2024.
  • The sale was executed at a price of $25 per share.
  • This transaction was conducted under a pre-arranged 10b5-1 sales plan.
  • Following the sale, Mr. Jankowsky directly owns 50,273 shares of TTM Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding an executive's stock sale under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

This is a routine filing related to insider trading and is common for executives who have pre-arranged trading plans.

Comparison to Industry Standards

  • The use of 10b5-1 trading plans is a common practice among executives at publicly traded companies to avoid accusations of insider trading.
  • The sale of 5,000 shares is not unusual for an executive and is not a significant portion of the company's total outstanding shares.
  • Similar filings are regularly made by executives at comparable companies such as Sanmina and Jabil.

Stakeholder Impact

  • The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price due to the pre-arranged nature of the sale.

Key Dates

DateDescription
12/02/2024Date of the stock sale transaction.
12/03/2024Date the form was signed by the Attorney-in-Fact.

Keywords

TTM Technologies, Jeff Jankowsky, stock sale, 10b5-1 plan, insider trading, executive, share transaction

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