TTM Technologies Executive Sells $122K in Stock for Tax Obligations

Accepted by SEC EDGAR 06/24/2025 - 04:56 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

TTM Technologies (TTMI) insider Tom Clapprood, President of A&D Interconnect Solutions, reported a Form 4 filing on June 24, 2025, disclosing a transaction from June 23, 2025. The insider:

• Disposed of 3,364 shares of Common Stock at a weighted average price of $36.3516 per share
• The sale was executed through a 10b5-1 Sales Plan specifically to cover tax liabilities related to RSU vesting
• Transaction prices ranged from $35.69 to $36.97
• Following the transaction, Clapprood directly owns 30,673 shares

The transaction was executed under the "F" code, indicating a payment of exercise price or tax liability using company stock. The filing was signed by Daniel J. Weber as attorney-in-fact.

Positive

• The insider transaction was executed according to a pre-planned 10b5-1 Sales Plan, indicating compliance with regulatory requirements
• The insider (Tom Clapprood) still maintains a significant position of 30,673 shares after the transaction, showing continued alignment with shareholder interests

Negative

• The President of A&D Interconnect Solutions sold 3,364 shares at an average price of $36.35, though this was specifically for tax liability purposes
• The sale price range of $35.69-$36.97 indicates some price volatility during the execution of the trades

Insider Trade Summary

Exercise Price or Tax Liability: 3,364 shares

Exercise Price or Tax Liability 1 txn

Insider Clapprood Tom

Role PresA&D Interconnect Solutions

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,364	$36.3516	$122K

Holdings After Transaction: Common Stock — 30,673 shares (Direct)

Footnotes (2)

1. F1. Represents the sale of shares, pursuant to a 10b5-1 Sales Plan, to pay the tax liability incident to the vesting of RSUs.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.69 - $36.97, inclusive. The reporting person undertakes to provide to TTM Technologies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many TTMI shares did insider Tom Clapprood sell on June 23, 2025?

Tom Clapprood, President of A&D Interconnect Solutions at TTMI, disposed of 3,364 shares of Common Stock on June 23, 2025 at a weighted average price of $36.3516 per share.

What was the purpose of TTMI insider Tom Clapprood's stock sale?

The sale was made pursuant to a 10b5-1 Sales Plan specifically to pay the tax liability related to the vesting of RSUs (Restricted Stock Units). This was not a discretionary sale but rather a planned transaction for tax purposes.

What is Tom Clapprood's remaining TTMI stock position after the June 2025 transaction?

Following the reported transaction, Tom Clapprood directly owned 30,673 shares of TTMI common stock. All shares are held in direct ownership form (D).

What was the price range of TTMI shares sold by Tom Clapprood?

The shares were sold in multiple transactions at prices ranging from $35.69 to $36.97 per share, with a weighted average price of $36.3516 per share.

What position does Tom Clapprood hold at TTMI?

Tom Clapprood serves as President of A&D Interconnect Solutions at TTM Technologies Inc (TTMI), as indicated in the Form 4 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Clapprood Tom

(Last) (First) (Middle)

200 EAST SANDPOINTE, SUITE 400

(Street)

SANTA ANA CA 92707

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TTM TECHNOLOGIES INC [ TTMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PresA&D Interconnect Solutions

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/23/2025		F		3,364(1)	D	$36.3516(2)	30,673	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the sale of shares, pursuant to a 10b5-1 Sales Plan, to pay the tax liability incident to the vesting of RSUs.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.69 - $36.97, inclusive. The reporting person undertakes to provide to TTM Technologies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

	/s/ Daniel J. Weber, Attorney-in-Fact	06/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.