TTM Technologies (TTMI) COO uses 1,939 shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TTM Technologies Chief Operating Officer James P. Walsh reported a routine tax-related share disposition tied to RSU vesting. On April 2, 2026, 1,939 shares of common stock were withheld at $90.723 per share to cover tax liabilities from vested RSUs under a pre-arranged Rule 10b5-1 Sales Plan. After this non-open-market transaction, Walsh directly holds 33,549 shares of TTM Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Walsh James P
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,939 | $90.723 | $176K |
Holdings After Transaction:
Common Stock — 33,549 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withholding shares: 1,939 shares
Tax-withholding price: $90.723 per share
Post-transaction holdings: 33,549 shares
3 metrics
Tax-withholding shares
1,939 shares
Shares used to pay tax liability on vested RSUs on April 2, 2026
Tax-withholding price
$90.723 per share
Value applied per share for RSU-related tax withholding
Post-transaction holdings
33,549 shares
Common stock directly held by James P. Walsh after transaction
Key Terms
Rule 10b5-1 Sales Plan, RSUs, tax liability
3 terms
Rule 10b5-1 Sales Plan financial
"Represents the sale of shares, pursuant to a 10b5-1 Sales Plan, to pay the tax liability"
RSUs financial
"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.
tax liability financial
"to pay the tax liability incident to the vesting of RSUs"
FAQ
What insider transaction did TTM Technologies (TTMI) report for James P. Walsh?
TTM Technologies reported that COO James P. Walsh had 1,939 shares withheld to cover taxes on vested RSUs. The shares were treated as a disposition but occurred as part of compensation, not an open-market sale, under a pre-arranged Rule 10b5-1 Sales Plan.
Was the James P. Walsh Form 4 transaction in TTMI an open-market sale?
No, the transaction was not an open-market sale. The 1,939 TTMI shares were withheld to pay tax liabilities from RSU vesting, executed under a Rule 10b5-1 Sales Plan. This reflects a compensation-related tax event rather than discretionary selling activity in the market.
What is the role of the Rule 10b5-1 Sales Plan in the TTMI insider transaction?
The Rule 10b5-1 Sales Plan governed the sale of shares used to pay taxes on Walsh’s RSU vesting. Such pre-arranged plans schedule transactions in advance, helping separate compensation-related share movements from discretionary market timing decisions by the executive.