Form 4: TTM Technologies Inc. Executive Robert P. Farrell Reports Acquisition of Restricted Stock Units

Robert P. Farrell, President C&C of TTM Technologies Inc., reports the acquisition of 10,443 restricted stock units.

Summary

• On June 21, 2024, Robert P. Farrell, President C&C of TTM Technologies Inc. (TTMI), reported the acquisition of 10,443 shares of Common Stock through the grant of restricted stock units.
• These restricted stock units vest in three equal installments on the first, second, and third anniversaries of the grant date.
• Following the transaction, Farrell directly owns 30,481 shares of TTM Technologies Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns executive interests with shareholder value through long-term vesting.

Positives

• The acquisition of restricted stock units suggests confidence in the company's future performance from the executive.

Future Outlook

The restricted stock units vest over three years, indicating a long-term incentive for the executive.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading and provide investors with insights into the actions of company executives and directors.

Stakeholder Impact

• The vesting schedule of the restricted stock units aligns the executive's interests with long-term shareholder value.

Key Dates