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.
FAQ
How many shares of TTMI stock are being sold according to the Form 144 filing from June 2025?
What is the source of TTMI shares being sold in this Form 144?
What is TTMI's total shares outstanding as of June 2025?
When is the approximate date of sale for the TTMI shares reported in this Form 144?
Has the TTMI insider selling these shares made any other sales in the past 3 months?