Executive at TTM Technologies (TTMI) awarded 1,813 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Farrell Robert P. reported acquisition or exercise transactions in this Form 4 filing.
TTM Technologies reported that officer Robert P. Farrell received an award of 1,813 shares of common stock in the form of restricted stock units. Each unit represents the right to receive one share, vesting in three equal installments on the first, second, and third anniversaries of the June 24 grant date. Following this compensation-related award, Farrell directly holds 18,299 shares of TTM Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Farrell Robert P.
Role
President C&C
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,813 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,299 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1,813 shares
Transaction price per share: $0.0000 per share
Shares held after transaction: 18,299 shares
+2 more
5 metrics
Restricted stock units granted
1,813 shares
Equity award to Robert P. Farrell on June 24, 2026
Transaction price per share
$0.0000 per share
Indicates compensation grant, not open-market purchase
Shares held after transaction
18,299 shares
Direct holdings of Robert P. Farrell following the grant
Vesting schedule
One-third annually over three years
First, second, and third anniversaries of June 24 grant date
Delivery timing
On or within 30 days of June 24
For stock underlying vested restricted units each year
Key Terms
restricted stock units, contingent right, anniversaries of the date of grant, delivered on or within 30 days
4 terms
restricted stock units financial
"Reflects the grant of restricted stock units. Each restricted stock unit represents the contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock"
anniversaries of the date of grant financial
"The restricted stock units will vest one-third on the first, second and third anniversaries of the date of grant"
delivered on or within 30 days financial
"the stock underlying the restricted units will be delivered on or within 30 days of June 24 of each year"
FAQ
What insider transaction did TTM Technologies (TTMI) report for Robert P. Farrell?
TTM Technologies reported that executive Robert P. Farrell received an award of 1,813 restricted stock units. Each unit represents a contingent right to one common share, granted as equity compensation rather than a market purchase or sale.
How do the restricted stock units granted by TTM Technologies (TTMI) vest?
The restricted stock units vest in three equal installments over three years. One-third vests on each of the first, second, and third anniversaries of the June 24 grant date, according to the footnote disclosure in the filing.
Does the TTM Technologies (TTMI) insider grant involve any cash transaction?
The filing shows a transaction price of $0.0000 per share for the 1,813 restricted stock units. This indicates a compensation grant, not a cash purchase, with shares delivered upon vesting under the company’s equity award terms.
What does each restricted stock unit represent in the TTM Technologies (TTMI) grant?
Each restricted stock unit represents a contingent right to receive one share of TTM Technologies common stock. Shares underlying vested units will be delivered on or within 30 days of June 24 of each vesting year, per the filing footnote.