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

TTM Technologies' EVP, Douglas L. Soder, sold 5,985 shares of common stock at $25 per share under a pre-arranged 10b5-1 sales plan.

Summary

• Douglas L. Soder, an Executive Vice President at TTM Technologies, sold 5,985 shares of the company's common stock on December 5, 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 transaction, Mr. Soder directly owns 179,493 shares of TTM Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 plans to sell shares to avoid accusations of insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US.
• The use of 10b5-1 plans is a common method for executives to sell shares without being accused of trading on inside information.
• The volume of shares sold is relatively small compared to the total outstanding shares of TTM Technologies.

Stakeholder Impact

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

Key Dates

Keywords

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