Form 4: TTM Technologies VP, Corporate Controller Tony Sanchez Reports Acquisition of 9,493 Shares of Common Stock

Tony Sanchez, VP, Corporate Controller of TTM Technologies, reports acquiring 9,493 shares of common stock through restricted stock units.

Summary

• On June 21, 2024, Tony Sanchez, VP, Corporate Controller of TTM Technologies Inc., acquired 9,493 shares of common stock.
• The acquisition was through a grant of restricted stock units (RSUs) at a price of $0.000.
• Following the transaction, Sanchez beneficially owns 32,421 shares of TTM Technologies Inc.
• The RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date.
• The stock underlying the restricted units will be delivered on or within 30 days of June 22 of each year.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard insider transaction. The acquisition of shares by an officer is generally viewed positively, but it's a routine event.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will vest one-third on the first, second and third anniversaries of the date of grant and the stock underlying the restricted units will be delivered on or within 30 days of June 22 of each year.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company executive.

Key Dates