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TTM Tech CFO's Stock Sale Tied to RSU Tax Payment - Retains 54,226 Shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

TTM Technologies EVP and CFO Daniel L. Boehle reported a transaction dated June 23, 2025, involving the disposition of 6,260 shares of common stock at a weighted average price of $36.4027 per share. The shares were sold through a 10b5-1 Sales Plan specifically to cover tax obligations related to the vesting of Restricted Stock Units (RSUs).

Following the transaction, Boehle retains direct beneficial ownership of 54,226 shares. The sales were executed across multiple transactions with prices ranging from $35.76 to $36.92 per share.

  • Transaction Code: F (Payment of exercise price or tax liability using portion of securities received)
  • Transaction was made pursuant to a pre-planned 10b5-1 trading plan
  • Filing was completed on June 24, 2025, within the required reporting timeline

Positive

  • The transaction was executed according to a pre-planned 10b5-1 Sales Plan, demonstrating good corporate governance and compliance
  • EVP and CFO Daniel Boehle still maintains significant ownership with 54,226 shares after the transaction, showing continued alignment with shareholder interests

Negative

  • EVP and CFO Daniel Boehle disposed of 6,260 shares at an average price of $36.40, though this was specifically to cover tax obligations from RSU vesting
  • The sale price range of $35.76 - $36.92 indicates some price volatility during the execution period
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*
BOEHLE DANIEL L.

(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)
EVP and CFO
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 6,260(1) D $36.4027(2) 54,226 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 $35.76 - $36.92, 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.

FAQ

How many shares did TTMI's CFO Daniel Boehle sell on June 23, 2025?

TTMI's EVP and CFO Daniel Boehle sold 6,260 shares of common stock on June 23, 2025, at a weighted average price of $36.4027 per share.

What was the purpose of TTMI CFO's stock sale in June 2025?

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

How many shares does TTMI's CFO Daniel Boehle own after the June 2025 transaction?

Following the reported transaction, Daniel Boehle directly owns 54,226 shares of TTMI common stock.

What was the price range of TTMI shares sold by the CFO in the June 2025 transaction?

The shares were sold in multiple transactions at prices ranging from $35.76 to $36.92 per share, with a weighted average price of $36.4027.

Was TTMI CFO Boehle's June 2025 stock sale made under a 10b5-1 trading plan?

Yes, the Form 4 indicates that the sale was made pursuant to a 10b5-1 Sales Plan, which is a pre-planned trading arrangement designed to comply with insider trading regulations.
Ttm Technologies Inc

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7.62B
101.17M
1.82%
101.42%
3.6%
Electronic Components
Printed Circuit Boards
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United States
SANTA ANA