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.