Equity grant lifts TTM Technologies (TTMI) director share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jackson Pamela B. reported acquisition or exercise transactions in this Form 4 filing.
TTM TECHNOLOGIES INC director Pamela B. Jackson received an award of 1,811 shares of common stock in the form of restricted stock units. The grant carried a price of $0.00 per share as it is a compensation award, not an open-market purchase.
Each restricted stock unit represents the right to receive one share of TTM Technologies common stock, and the shares underlying the units will vest on the first anniversary of the grant date. Following this grant, Jackson directly holds 49,501 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Pamela B.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,811 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 49,501 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,811 shares
Grant price: $0.00 per share
Post-transaction holdings: 49,501 shares
+1 more
4 metrics
RSU grant size
1,811 shares
Restricted stock units granted to director Pamela B. Jackson
Grant price
$0.00 per share
Compensation-related RSU award, not an open-market purchase
Post-transaction holdings
49,501 shares
Total common shares directly held by Jackson after the grant
Vesting schedule
First anniversary of grant date
RSUs vest one year after the date of grant
Key Terms
restricted stock units, vest, Form 4, common stock
4 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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
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.
FAQ
What insider transaction did TTM Technologies (TTMI) report for Pamela B. Jackson?
Pamela B. Jackson received an award of 1,811 restricted stock units, each representing one share of TTM Technologies common stock. This is a compensation-related equity grant, not a market purchase, and increased her direct holdings to 49,501 shares after the transaction.
Was the TTM Technologies (TTMI) Form 4 transaction a stock purchase or a grant?
The transaction was a grant of restricted stock units, not a stock purchase. Jackson received 1,811 RSUs at a price of $0.00 per share as part of compensation, with each unit representing the right to receive one share of common stock upon vesting.
When do Pamela B. Jackson’s restricted stock units in TTM Technologies (TTMI) vest?
The restricted stock units vest on the first anniversary of the grant date. At that time, each of the 1,811 units reported in the Form 4 will convert into one share of TTM Technologies common stock, assuming the vesting conditions are satisfied.