Director Thomas T. Edman sells 16,800 TTM Technologies (TTMI) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TTM Technologies director Thomas T. Edman reported an open-market sale of 16,800 shares of Common Stock at $157.06 per share. The transaction occurred on May 1, 2026 and is classified as a direct ownership sale.
Following this transaction, Edman’s directly held shares reported in this filing decreased to zero. According to a footnote, the sale was executed under a pre-arranged Rule 10b5-1 Sales Plan, indicating the trades were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,800 shares ($2,638,608)
Net Sell
1 txn
Insider
EDMAN THOMAS T
Role
null
Sold
16,800 shs ($2.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,800 | $157.06 | $2.64M |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 16,800 shares
Sale price: $157.06 per share
Net shares sold: 16,800 shares
+1 more
4 metrics
Shares sold
16,800 shares
Open-market sale of Common Stock on 2026-05-01
Sale price
$157.06 per share
Price for 16,800 Common Stock shares sold
Net shares sold
16,800 shares
Net-sell direction in transaction summary
Direct shares after sale
0 shares
Total directly held shares following transaction
Key Terms
Rule 10b5-1 Sales Plan, open-market sale, Form 4
3 terms
Rule 10b5-1 Sales Plan financial
"Represents the sale of shares sold pursuant to a 10b5-1 Sales Plan."
open-market sale financial
"transaction_action: open-market sale of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"reported as a Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TTM Technologies (TTMI) report for Thomas T. Edman?
TTM Technologies reported that director Thomas T. Edman sold 16,800 shares of Common Stock in an open-market transaction. The sale was executed at $157.06 per share and disclosed on a Form 4 insider trading report.
Did Thomas T. Edman’s TTMI holdings change significantly in this Form 4 filing?
Yes. After selling 16,800 TTMI Common Stock shares, Thomas T. Edman’s directly held shares reported in the filing fell to zero. The Form 4 does not list any remaining derivative positions, showing no options or similar instruments in this specific report.
Was the TTMI insider sale by Thomas T. Edman under a Rule 10b5-1 plan?
Yes. A footnote states the 16,800-share sale was made pursuant to a Rule 10b5-1 Sales Plan. Such plans are pre-arranged trading programs that schedule transactions in advance, reducing the significance of short-term market timing for this sale.
What type of security did Thomas T. Edman sell in the TTMI Form 4?
Thomas T. Edman sold TTM Technologies Common Stock according to the Form 4. The transaction involved 16,800 shares classified as a non-derivative security, meaning ordinary shares rather than options, warrants, or other derivative instruments.