TTMI: CEO Roks Edwin Granted 39,098 RSUs on 09/02/2025
Roks Edwin, identified as a Director and the President and CEO of TTM Technologies Inc. (TTMI), was granted 39,098 restricted stock units on 09/02/2025.
Rhea-AI Filing Summary
Roks Edwin, identified as a Director and the President and CEO of TTM Technologies Inc. (TTMI), was granted 39,098 restricted stock units on 09/02/2025. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock. The units will vest one-third on each of the first, second and third anniversaries of the grant date, and the underlying shares will be delivered on or within 30 days of September 2 of each year. Following the grant, the reporting person is shown as beneficially owning 39,098 shares directly.
Positive
- Grant of 39,098 restricted stock units to Roks Edwin reported on 09/02/2025
- Each RSU converts to one share and will be delivered on or within 30 days of September 2 of each year
- Vesting is time‑based: one‑third vests on each of the first, second and third anniversaries of the grant date
- Reporting person listed as Director and President and CEO of TTM Technologies Inc.
Negative
- None.
Insights
TL;DR: Standard time‑based executive equity grant to the CEO/director with a three‑year graded vesting schedule.
The Form 4 reports a non‑derivative award of 39,098 restricted stock units to Roks Edwin on 09/02/2025. The award vests in three equal annual installments and converts one‑for‑one to common shares, with delivery scheduled on or within 30 days of September 2 each year. This disclosure is routine for executive compensation and provides transparency about immediate dilution potential and future share issuance timing. The filing is signed by an attorney‑in‑fact and lists direct beneficial ownership following the grant.
TL;DR: The grant is a time‑vested RSU package delivered over three years, increasing reported direct beneficial ownership by 39,098 units.
The document specifies that each restricted stock unit equates to one share upon delivery and that vesting occurs one‑third annually. The transaction code indicates acquisition and the reported price is $0.0000, consistent with an equity grant rather than a market purchase. The clear vesting and delivery schedule allow investors to anticipate potential share issuance on specified anniversaries of the grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,098 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects the grant of restricted stock units. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest one-third on the first, second and third anniversaries of the date of grant and the stock underlying the restricted units will be delivered on or within 30 days of September 2 of each year.
FAQ
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What transaction did Roks Edwin report on Form 4 for TTMI?
How do the restricted stock units vest for the TTMI grant?
What is the reported beneficial ownership after the reported transaction?
What relationship does the reporting person have to TTMI?
AI-generated analysis. How Rhea-AI works. Not financial advice.