TTM Technologies (TTMI) CAO sells 720 shares to cover RSU tax via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TTM Technologies Inc. Chief Accounting Officer Elizabeth Romo reported selling 720 shares of the company’s common stock on June 25, 2026 in a series of open-market transactions. According to the filing, the sales were made under a Rule 10b5-1 trading plan adopted on February 24, 2026 solely to cover tax liabilities arising from the vesting of RSUs, making this a tax-related, pre-planned event rather than a discretionary sale. After these trades, Romo continues to hold 14,172 shares of TTM Technologies common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 720 shares ($150,422)
Net Sell
13 txns
Insider
Romo Elizabeth
Role
Chief Accounting Officer
Sold
720 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40 | $204.95 | $8K |
| Sale | Common Stock | 15 | $206.25 | $3K |
| Sale | Common Stock | 37 | $207.04 | $8K |
| Sale | Common Stock | 273 | $208.40 | $57K |
| Sale | Common Stock | 173 | $209.06 | $36K |
| Sale | Common Stock | 99 | $210.10 | $21K |
| Sale | Common Stock | 61 | $211.08 | $13K |
| Sale | Common Stock | 4 | $211.86 | $847.44 |
| Sale | Common Stock | 4 | $213.51 | $854.04 |
| Sale | Common Stock | 3 | $214.46 | $643.38 |
| Sale | Common Stock | 4 | $216.49 | $865.96 |
| Sale | Common Stock | 6 | $217.43 | $1K |
| Sale | Common Stock | 1 | $218.27 | $218.27 |
Holdings After Transaction:
Common Stock — 14,172 shares (Direct, null)
Footnotes (1)
- Represents the sale of shares, pursuant to a 10b5-1 trading plan adopted on February 24th, 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 $204.58 - $205.57, 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 $205.67 - $206.65, 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 $206.69 - $207.65, 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 $207.69 - $208.67, 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 $208.68 - $209.66, 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 $209.68 - $210.67, 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 $210.70 - $211.67, 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 $211.74 - $211.95, 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 $213.07 - $213.91, 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 $214.10 - $214.82, 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 $216.06 - $216.95, 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 $217.09 - $217.97, 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.
Key Figures
Shares sold: 720 shares
Shares held after transaction: 14,172 shares
Highest reported transaction price: $218.27 per share
+3 more
6 metrics
Shares sold
720 shares
Open-market sales on June 25, 2026
Shares held after transaction
14,172 shares
Direct ownership post-sale
Highest reported transaction price
$218.27 per share
Individual sale price on June 25, 2026
Price range from footnote examples
$204.58–$217.97 per share
Disclosed weighted-average price ranges
Rule 10b5-1 plan adoption date
February 24, 2026
Plan governing the June 25, 2026 sales
Number of sale transactions
13 transactions
Non-derivative open-market sales reported
Key Terms
Rule 10b5-1 trading plan, RSUs, weighted average price, multiple transactions
4 terms
Rule 10b5-1 trading plan regulatory
"Represents the sale of shares, pursuant to a 10b5-1 trading plan adopted on February 24th, 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.
RSUs financial
"solely to pay the tax liability incident to the vesting of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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.
multiple transactions financial
"These shares were sold in multiple transactions at prices ranging from"
FAQ
What did TTM Technologies (TTMI) disclose in Elizabeth Romo’s latest Form 4?
TTM Technologies reported that Chief Accounting Officer Elizabeth Romo sold 720 common shares on June 25, 2026. The filing states these sales were pre-planned under a Rule 10b5-1 trading plan to pay taxes due on recently vested RSUs.
Was Elizabeth Romo’s TTMI stock sale under a Rule 10b5-1 trading plan?
Yes. A footnote states the 720-share sale was executed pursuant to a Rule 10b5-1 trading plan adopted on February 24, 2026. The plan-directed nature indicates the timing was pre-arranged rather than a discretionary reaction to short-term market conditions.
Does Elizabeth Romo’s Form 4 for TTM Technologies indicate discretionary selling?
The Form 4 indicates the sales were not discretionary but pre-planned. It specifies that 720 shares were sold under a Rule 10b5-1 trading plan and explicitly notes the purpose was to pay tax liabilities triggered by the vesting of restricted stock units.