TTM Technologies (TTMI) EVP awarded 5,263 RSUs that vest over three years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gridley Catherine A reported acquisition or exercise transactions in this Form 4 filing.
TTM Technologies EVP Catherine A. Gridley received a grant of 5,263 restricted stock units of common stock as equity compensation. Each unit represents the right to receive one share of common stock. The units vest in three equal installments on the first, second, and third anniversaries of the grant date, with shares delivered on or within 30 days of June 24 each year. Following this grant, she directly holds 74,942 shares of TTM Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gridley Catherine A
Role
EVP, A&D Sector President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,263 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 74,942 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,263 units
Grant price per share: $0.0000
Shares owned after transaction: 74,942 shares
+1 more
4 metrics
RSUs granted
5,263 units
Restricted stock unit grant on June 24, 2026
Grant price per share
$0.0000
Equity award, not open-market purchase
Shares owned after transaction
74,942 shares
Total direct holdings following the RSU grant
Vesting schedule
1/3 each year for 3 years
Vests on first, second and third anniversaries of grant
Key Terms
restricted stock units, contingent right, vest, anniversaries of the date of grant
4 terms
restricted stock units financial
"Reflects the grant of restricted stock units. Each restricted stock unit represents the contingent 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.
contingent right financial
"Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock."
vest financial
"The restricted stock units will vest one-third on the first, second and third anniversaries of the date of grant"
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.
anniversaries of the date of grant financial
"will vest one-third on the first, second and third anniversaries of the date of grant"
FAQ
What did Catherine A. Gridley receive in this TTM (TTMI) Form 4 filing?
Catherine A. Gridley received a grant of 5,263 restricted stock units of TTM common stock. Each restricted stock unit represents the contingent right to receive one share of common stock as it vests over a three-year period starting from the grant date.
How do Catherine A. Gridley’s new restricted stock units at TTM (TTMI) vest?
The restricted stock units vest in three equal installments over three years. One-third vests on each of the first, second, and third anniversaries of the June 24 grant date, with the underlying shares delivered on or within 30 days of June 24 each year.
What role does Catherine A. Gridley hold at TTM (TTMI) in this Form 4?
Catherine A. Gridley serves as Executive Vice President and A&D Sector President at TTM Technologies. The reported Form 4 transaction records an equity award granted to her in that executive capacity, aligning compensation with the company’s common stock performance over time.