TTM Technologies (TTMI) director receives 1,358 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCarthy Ryan D reported acquisition or exercise transactions in this Form 4 filing.
TTM Technologies director Ryan D. McCarthy received an equity grant in the form of restricted stock units. He was awarded 1,358 units of common stock at no cash cost, bringing his direct holdings reported in this filing to 1,358 shares. Each unit represents the right to receive one share of common stock.
The restricted stock units will vest on the first anniversary of the grant date, meaning the shares become fully earned after one year of continued service or meeting applicable conditions. This is a routine, compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCarthy Ryan D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,358 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,358 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 1,358 units
Transaction price per share: $0.0000 per share
Shares held after transaction: 1,358 shares
3 metrics
Restricted stock units granted
1,358 units
Award of common stock RSUs to director on grant date
Transaction price per share
$0.0000 per share
Equity compensation grant, no cash paid by director
Shares held after transaction
1,358 shares
Total direct holdings reported following RSU grant
Key Terms
restricted stock units, Common Stock, vest
3 terms
restricted stock units financial
"reflects the grant of restricted stock units. Each restricted stock unit represents the right"
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.
Common Stock financial
"Each restricted stock unit represents the right to receive one share of the Issuer's common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"The shares underlying the restricted stock units will vest on the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did TTM Technologies (TTMI) report for Ryan D. McCarthy?
TTM Technologies reported that director Ryan D. McCarthy received a grant of 1,358 restricted stock units of common stock. These units are a form of equity compensation and were not purchased on the open market, reflecting a routine award rather than a trading decision.
What are the terms of the restricted stock units granted to the TTM Technologies director?
The filing states the 1,358 restricted stock units each represent the right to receive one share of TTM Technologies common stock. According to the footnote, the shares underlying these units will vest on the first anniversary of the grant date, subject to applicable conditions.
Is this TTM Technologies Form 4 a buy or sell signal for investors?
This Form 4 reflects an equity award, not a market trade. The director acquired 1,358 restricted stock units as compensation, with no open-market buying or selling. Such grants are common for directors and typically carry weaker signaling value than discretionary stock purchases or sales.