Form 4: TTM Technologies Executive Sells Shares to Cover RSU Tax Liability

Steven Spoto, President of A&D Integrated Electronics at TTM Technologies Inc., sold 4,914 shares of common stock on June 23, 2025, to satisfy tax obligations related to RSU vesting.

Summary

• Steven Spoto, President of A&D Integrated Electronics at TTM Technologies Inc. (TTMI), reported a transaction on June 23, 2025.
• The transaction involved the disposition of 4,914 shares of TTMI common stock.
• The shares were sold at a weighted average price of $36.3637 per share, with individual transactions ranging from $35.69 to $36.95.
• This sale was conducted pursuant to a Rule 10b5-1 Sales Plan, indicating it was pre-arranged.
• The primary purpose of the sale was to cover the tax liability incurred from the vesting of Restricted Stock Units (RSUs).
• Following this transaction, Mr. Spoto beneficially owns 24,731 shares of TTM Technologies Inc. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-planned sale of shares to cover tax obligations related to RSU vesting, which is a neutral event and does not reflect positively or negatively on the company's performance or outlook.

Key Dates

Keywords

TTM Technologies, TTMI, Steven Spoto, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Liability, 10b5-1 Plan, Corporate Officer