Form 4: TTM Technologies Officer Douglas L. Soder Sells 25,000 Shares

Douglas L. Soder, an officer at TTM Technologies, sold 25,000 shares of common stock on May 10, 2024, at a weighted average price of $18.0105 per share.

Summary

• On May 10, 2024, Douglas L. Soder, an officer of TTM Technologies Inc. (TTMI), sold 25,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $18.0105 per share, with individual transactions ranging from $18.00 to $18.06.
• The transaction was conducted under a pre-arranged 10b5-1 sales plan.
• Following the transaction, Soder directly owns 239,574 shares of TTM Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company officers and directors. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on current, non-public information.

Stakeholder Impact

• The sale of shares by an officer could be perceived negatively by some shareholders, but the use of a 10b5-1 plan mitigates concerns about insider information.

Key Dates