TTMI Form 144: 3,484 Restricted Shares Proposed for Sale on Nasdaq

Rhea-AI Filing Summary

TTM Technologies disclosed a proposed sale of 3,484 common shares to be executed through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $162,292.73. The company reports 103,313,274 shares outstanding, so this block represents a very small fraction of the outstanding equity. The shares were acquired as restricted stock from the issuer on 06/22/2023 (3,105 shares), 05/06/2023 (154 shares) and 02/01/2024 (225 shares). The filing notes no securities sold in the past three months and includes the signer’s representation that no undisclosed material adverse information exists.

Insights

Securities Analyst

TL;DR: Small, routine insider sale; unlikely to move the market given the tiny percentage of outstanding shares.

The filing notifies a proposed sale of 3,484 shares valued at $162,292.73, versus 103,313,274 shares outstanding. That is approximately 0.0034% of the outstanding shares, indicating the transaction is immaterial to market capitalization. The use of Morgan Stanley Smith Barney as broker and the disclosure of acquisition as restricted stock are consistent with routine, compliant dispositions under Rule 144. No sales in the past three months further reduce the chance of signalling near-term insider pattern risk.

Corporate Governance Expert

TL;DR: Filing appears procedural and compliant; restricted-stock origin and absence of recent sales reduce governance concerns.

The notice documents that the shares were granted as restricted stock across 2023 and 2024 and that the seller affirms no material nonpublic information. The specified broker and the formal Rule 144 notice suggest adherence to reporting and trading-planning protocols. Given the small share count relative to total outstanding shares and the statement of no recent sales, this disclosure does not indicate a significant governance event or unusual insider activity.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3484	162292.73	103313274	08/12/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/22/2023	Restricted Stock	Issuer			3105	06/22/2023	Not Applicable
Common	05/06/2023	Restricted Stock	Issuer			154	05/06/2023	Not Applicable
Common	02/01/2024	Restricted Stock	Issuer			225	02/01/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the TTMI Form 144 disclose about the proposed sale?

The filing shows an intent to sell 3,484 common shares via Morgan Stanley Smith Barney with an aggregate market value of $162,292.73.

When is the proposed sale scheduled and on which exchange?

The approximate date of sale is listed as 08/12/2025 and the sale is to occur on NASDAQ.

How were the securities being sold originally acquired?

All reported shares were acquired as restricted stock from the issuer on 06/22/2023 (3,105), 05/06/2023 (154) and 02/01/2024 (225).

Has the filer sold any securities of the issuer in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

How large is the proposed sale relative to outstanding shares of TTMI?

The sale of 3,484 shares compares to 103,313,274 outstanding shares, roughly 0.0034% of the outstanding share count.

Who is the broker handling the proposed sale?

The broker named is Morgan Stanley Smith Barney LLC (Executive Financial Services).