TTM Technologies EVP/CFO reports 5,761-share sale to cover RSU taxes

Rhea-AI Filing Summary

Daniel L. Boehle, EVP and CFO of TTM Technologies, sold 5,761 shares of the issuer's common stock on 08/22/2025 under a Rule 10b5-1 sales plan to cover tax liabilities from vested RSUs. The transaction is reported as a disposition (code F) at a weighted-average price of $40.86, with individual trade prices ranging from $40.76 to $40.86. After the sale, the reporting person beneficially owned 71,451 shares, held directly. The Form 4 was filed individually and signed by an attorney-in-fact on 08/25/2025.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating pre-established trading arrangements and an affirmative defense to insider trading concerns
• Detailed disclosure of pricing range and weighted-average price, enhancing transparency about the disposition

Negative

• Insider disposition of 5,761 shares reduced direct beneficial ownership to 71,451 shares
• Filing does not state percentage ownership or contextualize the holding relative to total outstanding shares

Insights

Corporate Governance Expert

TL;DR Insider sale executed under a pre-established 10b5-1 plan to cover RSU tax liabilities; procedural compliance is clear.

The Form 4 discloses a routine tax-driven disposition by the EVP/CFO under a Rule 10b5-1 plan, with clear pricing range and a weighted-average sale price. Filing indicates adherence to an affirmative-defense plan and timely disclosure. The retained ownership of 71,451 shares is stated, but the filing does not provide percent ownership or context about total holdings or any change in executive role. Documentation appears complete for this specific transaction.

Securities Analyst

TL;DR Transaction is a limited, disclosed sale under a 10b5-1 plan; no new material information about company performance.

The transaction code (F) and explanatory footnote confirm shares were sold to satisfy tax obligations from RSU vesting, with sales executed across prices from $40.76 to $40.86 and a weighted-average price of $40.86. The filing shows transparency on execution details and provides the post-transaction share count. There is no derivative activity reported and no additional commentary on timing beyond the plan reference.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BOEHLE DANIEL L.

Role EVP and CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	5,761	$40.86	$235K

Holdings After Transaction: Common Stock — 71,451 shares (Direct)

Footnotes (1)

1. Represents the sale of shares, pursuant to a 10b5-1 Sales Plan, 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 $40.76 to $40.86, 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.

Form 4 Insider Transactions: What Each Field Means →

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)
08/22/2025

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	08/22/2025		F		5,761(1)	D	$40.86(2)	71,451	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 $40.76 to $40.86, 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	08/25/2025
	** 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

What did TTM Technologies insider Daniel L. Boehle sell on 08/22/2025?

He sold 5,761 shares of TTM Technologies common stock under a Rule 10b5-1 sales plan to cover tax liabilities from vested RSUs.

At what price were the TTMI shares sold by the insider?

The weighted-average sale price was $40.86, with individual transactions ranging from $40.76 to $40.86.

How many TTMI shares does the reporting person own after the sale?

Following the reported transactions, the reporting person beneficially owned 71,451 shares, held directly.

Was the sale reported under a 10b5-1 plan?

Yes. The Form 4 indicates the transaction was made pursuant to a 10b5-1 Sales Plan.

Who signed the Form 4 filing for this transaction?

The Form 4 was signed by Daniel J. Weber, Attorney-in-Fact on behalf of the reporting person, dated 08/25/2025.