TTM Technologies Form 144: Philip Titterton files to sell additional shares
Rhea-AI Filing Summary
TTM Technologies Inc. (TTMI) Form 144 filing: Insider Philip Titterton has filed a notice to sell up to 9,000 common shares through Merrill Lynch on or after 05 Aug 2025. At the stated aggregate market value of $397,967.72, the planned sale represents less than 0.01 % of the company’s 103.3 million shares outstanding. The seller previously received 25,583 shares on 22 Feb 2024 via a performance award and, during the past three months, has already sold 34,190 shares for $1.24 million (23 Jun 2025).
No adverse, non-public information is asserted in the filing, and no new corporate developments are disclosed. Because the transaction size is immaterial relative to TTMI’s float, market impact should be negligible; however, the continued disposition by an insider may draw limited investor attention.
Positive
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Negative
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Insights
TL;DR—Small insider sale; negligible direct impact, but continued selling trend worth monitoring.
The Form 144 signals Philip Titterton’s intent to dispose of 9,000 TTMI shares (~$398k) following a 34k-share sale in June. In percentage terms, the combined 43k shares equal roughly 0.04 % of outstanding equity, far below any ownership-structure threshold that typically moves markets. The transactions appear to monetize a February 2024 performance award rather than signal fundamental concerns. No price-sensitive corporate data accompany the notice, and the representation of no undisclosed adverse information is standard. Overall, the filing is routine and not materially impactful, though a pattern of insider selling may be monitored for sentiment cues.