Form 4: TTM Technologies SVP Sells Shares on the Open Market

Sentiment:

SEC Form 4 Filing


Dale Martin Knecht, SVP of Information Technology at TTM Technologies, sold 7,029 shares of common stock on May 10, 2024.

Summary

  • On May 10, 2024, Dale Martin Knecht, the SVP of Information Technology at TTM Technologies Inc., sold 7,029 shares of the company's common stock.
  • The shares were sold on the open market at a weighted average price of $18.1403 per share.
  • The sale resulted in Knecht owning 90,024 shares of TTM Technologies Inc. following the transaction.
  • The reporting person undertakes to provide to TTM Technologies, Inc. (the 'Company'), 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.

Sentiment

Score: 5

Explanation: This is a neutral event. An officer selling shares doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates

DateDescription
05/10/2024Date of the transaction: Dale Martin Knecht sold 7,029 shares of TTM Technologies Inc. common stock.
05/13/2024Date of signature for the Form 4 filing.

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