TTM Tech Executive's Stock Sale Follows Recent RSU Vesting
Rhea-AI Filing Summary
TTM Technologies has filed a Form 144 notice indicating a proposed sale of 25,340 shares of common stock with an aggregate market value of $922,073.54. The securities were acquired through a restricted stock unit vest on June 23, 2025.
Key transaction details:
- Broker: Merrill Lynch (Newport Beach, CA)
- Trading Venue: NASDAQ
- Total Outstanding Shares: 101,630,335
- Approximate Sale Date: June 23, 2025
The filing indicates no other securities sales by the reporting person in the past 3 months. The transaction represents approximately 0.025% of total outstanding shares. The securities originated from a restricted stock unit vest, suggesting this is likely an insider or executive transaction following standard equity compensation vesting.
Positive
- None.
Negative
- Insider sale of 25,340 shares worth $922,073 from restricted stock unit vesting, indicating potential profit-taking by insider
FAQ
How many TTMI shares are being sold according to the Form 144 filed on June 28, 2025?
What is the source of TTMI shares being sold in this Form 144?
What was TTMI's total shares outstanding as reported in the June 2025 Form 144?
When is the approximate date of sale for the TTMI shares reported in the Form 144?
Has the Form 144 filer sold any other TTMI shares in the past 3 months?