Form 4: TTM Technologies SVP Sells Over 7,600 Shares Under Pre-Arranged 10b5-1 Plan

Dale Martin Knecht, SVP of Information Technology at TTM Technologies Inc. (TTMI), sold 7,662 shares of common stock on June 9, 2025, as part of a pre-established 10b5-1 sales plan.

Summary

• Dale Martin Knecht, the Senior Vice President of Information Technology at TTM Technologies Inc. (TTMI), reported a transaction involving the sale of company common stock.
• The transaction occurred on June 9, 2025.
• A total of 7,662 shares of common stock were disposed of.
• The shares were sold at a weighted average price of $34.1606 per share, with individual transaction prices ranging from $34.00 to $34.46.
• The sale was executed pursuant to a Rule 10b5-1 Sales Plan, indicating it was pre-scheduled.
• Following this transaction, Dale Martin Knecht beneficially owns 67,544 shares of TTM Technologies common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider sale, the execution under a 10b5-1 plan suggests a pre-planned diversification or liquidity event rather than a reaction to negative company-specific news. The size of the sale is not exceptionally large relative to the executive's remaining holdings.

Positives

• The sale was conducted under a Rule 10b5-1 Sales Plan, which indicates a pre-arranged and systematic approach to stock sales, reducing concerns about opportunistic insider trading.

Negatives

• An insider sale, even if pre-planned, reduces the direct ownership stake of a senior executive in the company.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.46, inclusive.
• The reporting person undertakes to provide to TTM Technologies, Inc., any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in insider ownership, which is generally not a significant concern given the pre-planned nature and the executive's remaining holdings.

Key Dates

Keywords

TTM Technologies, TTMI, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Dale Martin Knecht, SVP Information Technology, Beneficial Ownership