Form 4: TTM Technologies Officer Douglas L. Soder Sells 2,600 Shares

Douglas L. Soder, an officer at TTM Technologies, sold 2,600 shares of common stock on June 18, 2024, at a price of $19 per share, according to a Form 4 filing with the SEC.

Summary

• On June 18, 2024, Douglas L. Soder, an officer of TTM Technologies Inc. (TTMI), sold 2,600 shares of the company's common stock.
• The sale was executed at a price of $19 per share.
• The transaction was conducted under a pre-arranged 10b5-1 sales plan.
• Following the transaction, Soder directly owns 236,974 shares of TTM Technologies.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an officer. It doesn't inherently convey positive or negative sentiment, as it's a factual report of a transaction.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by an officer could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the insider's motives.

Key Dates