Form 4: TTM Technologies Officer Sells 10,000 Shares Under Pre-Arranged Trading Plan

Sentiment:

Insider Transaction Report


Tom Clapprood, President of A&D Interconnect Solutions at TTM Technologies Inc., sold 10,000 shares of common stock on May 30, 2025, under a Rule 10b5-1 trading plan.

Summary

  • Tom Clapprood, identified as an Officer and President of A&D Interconnect Solutions for TTM Technologies Inc. (TTMI), reported a transaction.
  • On May 30, 2025, Mr. Clapprood disposed of 10,000 shares of TTM Technologies common stock.
  • The shares were sold at a weighted average price of $29.4987 per share, with individual transaction prices ranging from $29.28 to $29.69.
  • Following this transaction, Mr. Clapprood beneficially owns 34,037 shares of TTM Technologies common stock.
  • The sale was conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.

Sentiment

Score: 4

Explanation: The document reports an insider sale of common stock, which can be perceived as neutral to slightly negative. However, the transaction was conducted under a pre-arranged Rule 10b5-1 plan, which mitigates the negative sentiment often associated with insider selling, as it suggests the sale was not based on new material non-public information.

Negatives

  • An officer of TTM Technologies, Tom Clapprood, sold 10,000 shares of company common stock, which can sometimes be perceived as a neutral to slightly negative signal by investors, although the sale was pre-arranged under a Rule 10b5-1 plan.

Future Outlook

This Form 4 filing reports a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitive landscape. It reflects an individual officer's stock activity within TTM Technologies.

Stakeholder Impact

  • Shareholders: May view the insider sale as a neutral to slightly negative signal, although the pre-arranged nature of the Rule 10b5-1 plan suggests it is part of a planned financial management strategy rather than a reaction to new adverse company developments.

Key Dates

DateDescription
05/30/2025Date of transaction: Sale of 10,000 shares of common stock by Tom Clapprood.
06/02/2025Date the Form 4 was signed by Daniel J. Weber, Attorney-in-Fact for Tom Clapprood.

Recommendation

hold

Keywords

TTM Technologies, TTMI, Form 4, insider trading, stock sale, beneficial ownership, Tom Clapprood, Rule 10b5-1, officer transaction

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