TTMI Insider Sale: EVP Catherine Gridley Sells 25,000 Shares
Rhea-AI Filing Summary
Insider sale by TTMI executive: Catherine A. Gridley, EVP and A&D Sector President of TTM Technologies, sold 25,000 shares in the open market on 08/19/2025 at a weighted-average price of $40.4561 (individual trade prices ranged from $40.20 to $40.78). After the transaction she beneficially owned 101,986 shares on a direct basis. The Form 4 was signed by an attorney-in-fact on 08/20/2025. The filing includes an undertaking to provide detailed per-price sale information if requested.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider disposition that likely reflects liquidity needs rather than material company news.
The sale of 25,000 shares by a senior executive represents a modest reduction in direct holdings relative to the post-sale position of 101,986 shares. The transaction was an open-market sale at a weighted-average price of $40.4561, with trades between $40.20 and $40.78. There is no accompanying information in the filing indicating it was part of a broader program or linked to corporate developments, so the market impact is likely neutral absent other disclosures.
TL;DR: Disclosure is in line with Section 16 reporting and provides required trade details.
The Form 4 properly discloses the insider sale, the number of shares sold, price range, and the resulting beneficial ownership. The filer also offers to provide detailed per-price sale breakdowns upon request, which supports transparency. There is no indication of irregular timing or rule 10b5-1 plan disclosure in the form, so governance concerns are limited to routine insider activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $40.4561 | $1.01M |
Footnotes (1)
- Represents the sale of shares in open market. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.20 to $40.78, 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.
FAQ
What did Catherine Gridley sell and when (TTMI)?
At what price did the insider sale occur for TTMI?
Was the sale part of a 10b5-1 plan or other trading plan?
Who signed the Form 4 for TTMI and when?