TTM Technologies (TTMI) EVP sells 9,856 shares to cover RSU taxes
Rhea-AI Filing Summary
TTM Technologies executive Shawn A. Powers reported selling 9,856 shares of TTM common stock. The EVP and Chief Human Resources Officer executed 12 open-market sales on June 23, 2026 at weighted-average prices generally between $201.89 and $213.73 per share.
According to the filing, these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on February 25, 2026 and were undertaken solely to pay tax liabilities tied to the vesting of restricted stock units (RSUs), making this a tax-driven, routine disposition rather than a discretionary portfolio move.
Positive
- None.
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Insights
TTM’s HR chief executed pre-planned stock sales mainly to cover RSU taxes.
The filing shows EVP & CHRO Shawn A. Powers sold 9,856 shares of TTM common stock in 12 open-market transactions on June 23, 2026. All transactions are coded as sales of non-derivative common shares.
A key footnote states the trades occurred under a Rule 10b5-1 trading plan adopted on February 25, 2026 and were made solely to cover tax liabilities from RSU vesting. Such tax-related, pre-planned sales usually carry limited informational value about management’s view of the stock.
The filing does not highlight option exercises or new derivative positions; derivativeSummary is empty. Future company filings may clarify additional equity awards or changes in overall ownership, but this specific activity appears to be a routine, tax-driven disposition.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 121 | $201.95 | $24K |
| Sale | Common Stock | 214 | $203.81 | $44K |
| Sale | Common Stock | 901 | $204.59 | $184K |
| Sale | Common Stock | 358 | $205.42 | $74K |
| Sale | Common Stock | 73 | $206.35 | $15K |
| Sale | Common Stock | 280 | $207.95 | $58K |
| Sale | Common Stock | 485 | $208.87 | $101K |
| Sale | Common Stock | 1,960 | $209.76 | $411K |
| Sale | Common Stock | 2,301 | $210.75 | $485K |
| Sale | Common Stock | 1,609 | $211.67 | $341K |
| Sale | Common Stock | 1,299 | $212.60 | $276K |
| Sale | Common Stock | 255 | $213.39 | $54K |
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.