TTM Tech Executive Plans Stock Sale Following RSU Vesting Event
Rhea-AI Filing Summary
TTM Technologies has filed a Form 144 notice for a proposed sale of securities by an insider. The filing details the planned sale of 14,207 common shares with an aggregate market value of $516,689.87 through Merrill Lynch on the NASDAQ exchange, with an anticipated sale date of June 23, 2025.
The shares originated from a Restricted Stock Unit (RSU) vest of 27,417 shares acquired on June 23, 2025. The current total shares outstanding for TTM Technologies is 101,630,335.
Key points about this Form 144:
- The sale represents approximately 52% of the recently vested RSU position
- Average implied share price of approximately $36.37 based on the aggregate market value
- No other securities were reported as sold by the insider during the past 3 months
- Filing indicates standard Rule 10b5-1 compliance requirements regarding material non-public information
Positive
- None.
Negative
- None.