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