TTMI insider Form 144: 1,493 RSU shares to be sold via Merrill Lynch
Rhea-AI Filing Summary
TTM Technologies Form 144 summary: This Form 144 notifies a proposed sale of 1,493 shares of common stock through Merrill Lynch (Newport Beach) with an aggregate market value of $67,187.82. The approximate date of sale listed is 08/26/2025 and the securities exchange is NASDAQ. The filing reports the class was acquired as a Restricted Stock Unit award on 06/21/2025 from TTM Technologies Inc and lists the amount acquired as 1,493 shares.
The filing also discloses that Robert Farrell sold 2,930 shares on 06/23/2025 for $106,494.80. The form states the filer represents there is no undisclosed material adverse information about the issuer. Total shares outstanding shown are 103,313,274.
Positive
- Required disclosure provided with broker name, acquisition details, sale amount, and filer attestation
- Transaction size is small relative to total shares outstanding (1,493 vs 103,313,274)
Negative
- Very short holding period shown between RSU acquisition (06/21/2025) and proposed sale (08/26/2025)
- Document contains no additional context about the purpose of the sale or trading plan adoption date
Insights
TL;DR Insider received RSUs and filed to sell a small block of shares; transaction size appears immaterial versus outstanding shares.
The filer reports a proposed sale of 1,493 shares with an indicated market value of $67,187.82 and total shares outstanding of 103,313,274, implying the sale represents a de minimis fraction of equity. The securities were acquired as restricted stock units on 06/21/2025 and the proposed sale date is 08/26/2025. A separate sale by Robert Farrell of 2,930 shares on 06/23/2025 for $106,494.80 is disclosed. For investors, these are routine insider liquidity events rather than material capital-structure changes given the small percentages involved.
TL;DR Form 144 documents a planned insider sale and includes the required representation about material nonpublic information.
The filing shows compliance with Rule 144 disclosure requirements: broker details (Merrill Lynch Newport Beach), acquisition type (RSU award), and the filer’s attestation that no undisclosed material adverse information exists. The short interval between RSU acquisition (06/21/2025) and proposed sale (08/26/2025) is factual in the filing; the document also records a recent sale by Robert Farrell. The form presents standard paperwork for insider disposals and the required certification language about truthful disclosure.
FAQ
What transaction is disclosed in the TTM Technologies (TTMI) Form 144?
Does the Form 144 disclose any recent insider sales for TTMI?
Which broker is handling the proposed sale listed in the Form 144?