Form 4: TTM Technologies Executive Sells Shares

Daniel J. Weber, EVP, CLO & Secretary of TTM Technologies Inc., reported the sale of 7,400 shares of common stock on June 23, 2026, for tax liability related to RSU vesting.

Summary

• Daniel J. Weber, Executive Vice President, Chief Legal Officer & Secretary of TTM Technologies Inc., sold a total of 7,400 shares of common stock on June 23, 2026.
• These sales were executed as part of a Rule 10b5-1 trading plan adopted on February 26th, 2026.
• The primary purpose of these sales was to cover tax liabilities arising from the vesting of Restricted Stock Units (RSUs).
• The sales occurred at various weighted average prices ranging from $201.89 to $213.73.
• Following these transactions, Mr. Weber beneficially owns 86,088 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sales are attributed to a pre-arranged 10b5-1 plan for tax purposes related to RSU vesting, rather than a reflection of negative sentiment towards the company's prospects.

Negatives

• Executive selling a significant number of shares, although for tax purposes, can sometimes be perceived negatively by the market.

Risks

• The filing does not explicitly mention any future risks or challenges.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Management Comments

• The sales were made pursuant to a 10b5-1 trading plan adopted on February 26th, 2026, solely to pay the tax liability incident to the vesting of RSUs.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding upon RSU vesting are a common and expected event for executives in the technology sector, particularly as stock prices appreciate.

Stakeholder Impact

• Shareholders: The sale is part of a pre-planned 10b5-1, so it is unlikely to signal a change in management's view of the company's long-term prospects. However, any insider selling can create short-term market noise.
• Employees: The transaction relates to RSU vesting, which is a standard component of executive compensation, and does not directly impact other employees.
• Management: The transaction is a routine event for executives managing their compensation and tax obligations.

Next Steps

• The reporting person will continue to hold the remaining 86,088 shares of common stock.

Key Dates

Keywords

TTM Technologies, TTMI, Form 4, Insider Trading, Stock Sale, RSU Vesting, 10b5-1 Plan, Executive Compensation, Beneficial Ownership