TTMI Rule 144 Filing: 1,257 RSUs Vest; 456 Shares for Sale
Rhea-AI Filing Summary
TTM Technologies, Inc. submitted a Rule 144 notice disclosing a proposed sale of 456 common shares through Merrill Lynch on NASDAQ with an aggregate market value of $20,725.20 and an approximate sale date of 08/11/2025. The filing shows these shares relate to restricted stock unit vesting on 08/11/2025, when the person acquired 1,257 units from TTM Technologies.
The company reports 103,313,274 shares outstanding, so the planned sale is a very small fraction of total equity. The notice also lists a prior sale by Steven Spoto of 4,914 shares on 06/23/2025 for gross proceeds of $178,691.43. The signer certifies they are not aware of any undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider sale disclosed is tiny relative to the company's outstanding shares and unlikely to move the market.
The filing shows a proposed Rule 144 sale of 456 shares valued at $20,725.20 against 103,313,274 shares outstanding, representing an immaterial percentage of equity. The shares derive from 1,257 RSUs that vested on 08/11/2025, indicating this is a routine post-vesting disposition. The filing also notes a recent insider sale of 4,914 shares on 06/23/2025 for $178,691.43. Overall, the transaction size and disclosure format point to a neutral market impact.
TL;DR The notice documents standard Rule 144 disclosure for vested RSUs with customary certification language; no governance red flags shown.
The filer identifies the acquisition as Restricted Stock Unit Vest from the issuer and provides broker details for the planned sale. The statement includes the required representation that no undisclosed material adverse information is known. There is no indication in the filing of abnormal insider behavior, related-party issues, or exceptions to routine compliance. From a governance perspective this reads as procedural disclosure.