TTM Technologies director granted 2,344 RSUs
Geveden Rex D reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Geveden Rex D reported acquisition or exercise transactions in this Form 4 filing.
TTM Technologies director Rex D. Geveden received 2,344 restricted stock units as equity compensation. Each restricted stock unit represents the right to receive one share of TTM’s common stock and will vest on the first anniversary of the grant date. Following this grant, Geveden directly holds 94,824 shares of common stock.
Insider Trade Summary
Grant/Award: 2,344 shares
Grant/Award
1 txn
Insider
Geveden Rex D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,344 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 94,824 shares (Direct)
Footnotes (1)
- F1. Amount in Box 4. reflects the grant of restricted stock units. Each restricted stock unit represents the right to receive one share of the Issuer's common stock. The shares underlying the restricted stock units will vest on the first anniversary of the date of grant.
Key Figures
RSUs granted: 2,344 restricted stock units
Grant price: $0.00 per share
Shares after transaction: 94,824 shares
+1 more
4 metrics
RSUs granted
2,344 restricted stock units
Equity award to director Rex D. Geveden
Grant price
$0.00 per share
Reported transaction price per share for RSU grant
Shares after transaction
94,824 shares
Total common stock directly owned after the grant
Vesting schedule
First anniversary of grant date
Vesting timing for the RSU underlying shares
Key Terms
restricted stock units, common stock, Form 4
3 terms
restricted stock units financial
"Amount in Box 4. reflects the grant of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
common stock financial
"Each restricted stock unit represents the right to receive one share of the Issuer's common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TTM Technologies (TTMI) report in this Form 4?
TTM Technologies reported that director Rex D. Geveden received 2,344 restricted stock units as an equity grant. These units are a form of stock-based compensation and convert into common shares upon vesting according to the stated one-year schedule.
How many TTM Technologies restricted stock units did Rex Geveden receive?
Rex Geveden received 2,344 restricted stock units from TTM Technologies. Each unit represents the right to receive one share of common stock, giving him a potential additional 2,344 shares subject to the vesting conditions described in the filing’s footnote.
What are the vesting terms of Rex Geveden’s new TTM Technologies RSU grant?
The filing states that the shares underlying the restricted stock units will vest on the first anniversary of the grant date. Until vesting, Geveden only holds units representing a future right to receive common shares, not currently issued stock.
Was Rex Geveden’s TTM Technologies transaction a market buy or sell?
No market buy or sell occurred. The Form 4 uses transaction code “A,” indicating a grant or award. The 2,344 restricted stock units were awarded at a reported price of $0.00 per share as stock-based compensation, not an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
