TTM Technologies (TTMI) executive sells 2,920 shares to cover RSU taxes
Rhea-AI Filing Summary
TTM Technologies executive Robert P. Farrell, President C&C, reported selling 2,920 shares of common stock of TTMI on June 23, 2026. The Form 4 classifies these as open-market sales across 12 separate transactions.
According to a footnote, the transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on February 25, 2026 and were executed solely to pay tax liabilities arising from the vesting of restricted stock units (RSUs). Multiple footnotes note that reported prices are weighted averages for sales carried out in numerous trades within price ranges between $201.89 and $213.73 per share.
Positive
- None.
Negative
- None.
Insights
Small, pre-planned executive share sales to cover RSU taxes.
Robert P. Farrell, President C&C at TTM Technologies, sold 2,920 shares of common stock in 12 open-market trades on June 23, 2026. Prices ranged from about $201.89 to $213.73 per share.
A footnote states these sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 25, 2026 and were conducted solely to pay tax liabilities from vesting RSUs. That framing makes this a routine, tax-driven liquidity event rather than a discretionary shift in his economic exposure.
The filing shows only non-derivative sales and no new option exercises or derivative conversions. With the sale size modest in absolute share terms and clearly tied to compensation-related taxes, the informational value of the timing appears limited for assessing sentiment around TTMI.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 36 | $201.95 | $7K |
| Sale | Common Stock | 63 | $203.81 | $13K |
| Sale | Common Stock | 267 | $204.59 | $55K |
| Sale | Common Stock | 106 | $205.42 | $22K |
| Sale | Common Stock | 22 | $206.35 | $5K |
| Sale | Common Stock | 83 | $207.95 | $17K |
| Sale | Common Stock | 144 | $208.87 | $30K |
| Sale | Common Stock | 581 | $209.76 | $122K |
| Sale | Common Stock | 682 | $210.75 | $144K |
| Sale | Common Stock | 477 | $211.67 | $101K |
| Sale | Common Stock | 385 | $212.60 | $82K |
| Sale | Common Stock | 74 | $213.39 | $16K |
Footnotes (1)
- Represents the sale of shares, pursuant to a 10b5-1 trading plan adopted on February 25th, 2026, solely to pay the tax liability incident to the vesting of RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.89 - $202.10, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.10 - $204.09, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.11 - $205.10, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.11 - $206.10, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.19 - $207.18, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.19 - $208.17, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.19 - $209.18, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.19 - $210.18, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.19 - $211.18, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.19 - $212.18, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.19 - $213.18, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.21 - $213.73, inclusive. The reporting person undertakes to provide to 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.