Form 4: TTM Technologies SVP Sells Over 7,400 Shares Under Pre-Arranged Plan

Dale Martin Knecht, SVP of Information Technology at TTM Technologies Inc. (TTMI), sold 7,487 shares of common stock for approximately $292,000 under a Rule 10b5-1 sales plan.

Summary

• Dale Martin Knecht, the Senior Vice President of Information Technology at TTM Technologies Inc. (TTMI), disposed of 7,487 shares of the company's common stock.
• The transaction occurred on June 25, 2025, and was executed pursuant to a Rule 10b5-1 sales plan.
• The shares were sold at a weighted average price of $39.007 per share, with individual transaction prices ranging from $38.07 to $40.00.
• Following this transaction, Mr. Knecht beneficially owns 59,947 shares of TTM Technologies common stock directly.

Sentiment

Score: 4

Explanation: The document reports a factual insider sale. While insider selling can be perceived negatively, the transaction was conducted under a pre-arranged 10b5-1 plan, which often mitigates the negative sentiment as it suggests a planned liquidity event rather than a reaction to new, negative information.

Negatives

• An insider sale, even if pre-planned, can sometimes be interpreted by investors as a signal of reduced confidence in the company's near-term prospects, although it is often for personal financial planning.

Risks

• The sale of shares by a senior executive could potentially lead to negative investor sentiment or speculation regarding the company's future performance, despite being part of a pre-arranged plan.

Future Outlook

This SEC Form 4 filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This specific insider transaction does not directly relate to broader industry trends or competitor performance, as it is a routine disclosure of an individual executive's stock sale.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a minor negative signal, though the 10b5-1 plan context reduces its significance. It provides transparency regarding executive stock ownership changes.

Key Dates

Keywords

TTM Technologies, TTMI, Insider Trading, Form 4, SEC Filing, Stock Sale, 10b5-1 Plan, Executive Compensation, Dale Martin Knecht