STOCK TITAN

TTM Technologies (TTMI) EVP sells 9,856 shares to cover RSU taxes

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

Negative

  • None.

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 Powers Shawn A.
Role EVP, CHRO
Sold 9,856 shs ($2.07M)
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
Holdings After Transaction: Common Stock — 129,003 shares (Direct, null)
Footnotes (1)
  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.
Shares sold 9,856 shares Total open-market sales by EVP Powers on June 23, 2026
Number of sale transactions 12 transactions Non-derivative common stock sales reported in the Form 4
Low price range $201.89/share Lower end of disclosed weighted-average sale price ranges
High price range $213.73/share Upper end of disclosed weighted-average sale price ranges
Example sale price $213.39/share One reported weighted-average price for a sale lot
10b5-1 plan adoption date February 25, 2026 Date the trading plan governing these sales was adopted
Rule 10b5-1 trading plan regulatory
"Represents the sale of shares, pursuant to a 10b5-1 trading plan adopted on February 25th, 2026..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units (RSUs) financial
"solely to pay the tax liability incident to the vesting of RSUs."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction regulatory
"Sale in open market or private transaction"
non-derivative financial
"transaction_type":"non-derivative""
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Powers Shawn A.

(Last)(First)(Middle)
200 EAST SANDPOINTE, SUITE 400

(Street)
SANTA ANA CALIFORNIA 92707

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TTM TECHNOLOGIES INC [ TTMI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/23/2026S121(1)D$201.95(2)129,003D
Common Stock06/23/2026S214(1)D$203.81(3)128,789D
Common Stock06/23/2026S901(1)D$204.59(4)127,888D
Common Stock06/23/2026S358(1)D$205.42(5)127,530D
Common Stock06/23/2026S73(1)D$206.35(6)127,457D
Common Stock06/23/2026S280(1)D$207.95(7)127,177D
Common Stock06/23/2026S485(1)D$208.87(8)126,692D
Common Stock06/23/2026S1,960(1)D$209.76(9)124,732D
Common Stock06/23/2026S2,301(1)D$210.75(10)122,431D
Common Stock06/23/2026S1,609(1)D$211.67(11)120,822D
Common Stock06/23/2026S1,299(1)D$212.6(12)119,523D
Common Stock06/23/2026S255(1)D$213.39(13)119,268D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. 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.
/s/ Daniel J. Weber, Attorney-in-Fact06/25/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did TTMI executive Shawn A. Powers report in this Form 4?

Shawn A. Powers, EVP and CHRO of TTM Technologies, reported selling 9,856 shares of common stock in 12 open-market transactions on June 23, 2026. All transactions involved non-derivative common stock and were disclosed as part of his routine insider reporting obligations.

Why did TTMI’s Shawn A. Powers sell 9,856 shares of stock?

The filing states the 9,856-share sale by Shawn A. Powers was conducted solely to pay tax liabilities arising from the vesting of restricted stock units. A pre-arranged Rule 10b5-1 trading plan, adopted on February 25, 2026, governed these tax-driven transactions.

Were the TTMI insider sales by Shawn A. Powers pre-planned?

Yes. A footnote explains the sales occurred under a Rule 10b5-1 trading plan adopted on February 25, 2026. Such plans schedule trades in advance, making the timing more mechanical and reducing the informational signal of the transactions for outside investors.

At what prices did Shawn A. Powers sell TTMI shares?

The reported prices are weighted averages across multiple trades. Footnotes state shares were sold in ranges from about $201.89 up to $213.73 per share, with detailed breakdowns available on request from TTM Technologies or the SEC staff.

How many TTMI insider sale transactions did this Form 4 report?

The Form 4 for TTM Technologies reports 12 separate open-market sale transactions for Shawn A. Powers on June 23, 2026. Together they total 9,856 shares of common stock, all tied to covering tax obligations from RSU vesting under a 10b5-1 plan.

Does this TTMI Form 4 involve options or other derivatives?

No derivative activity is shown in the summarized data. All reported transactions involve non-derivative TTM common stock, and the derivativeSummary section is empty, indicating no option exercises or other derivative trades in this particular filing.