TTM Technologies Form 4: Clapprood Granted 7.9K RSUs, No Sales

Rhea-AI Filing Summary

TTM Technologies Inc. (TTMI) – Form 4 insider filing

On 24 June 2025, Tom Clapprood, President of the company’s Aerospace & Defense Interconnect Solutions segment, received 7,858 restricted stock units (RSUs) at a cost basis of $0.00. Following the grant, the executive beneficially owns 38,531 shares of common stock. The RSUs vest in equal one-third installments on the first, second and third anniversaries of the grant date, with underlying shares deliverable within 30 days of each 24 June vesting milestone.

No shares were sold or otherwise disposed of, and the transaction was executed outside of any Rule 10b5-1 trading plan. This filing represents routine equity compensation intended to align management incentives with shareholder interests; it does not in itself signal a change in the company’s financial outlook.

Insights

Financial Analyst

TL;DR: Routine RSU grant; neutral impact on valuation.

The 7,858-share RSU award is standard annual compensation and equals only a fraction of TTMI’s ~100 million shares outstanding, so dilution is de minimis. No purchase with insider cash occurred, therefore no incremental bullish signal. The three-year vesting schedule promotes retention and long-term alignment but does not alter near-term financial metrics.

Corporate Governance Expert

TL;DR: Governance-friendly equity award; immaterial for investors.

The grant follows common practice for senior executives and includes multi-year vesting, which encourages continuity and discourages short-term risk-taking. There is no evidence of opportunistic timing or Rule 10b5-1 reliance. Overall, the filing is administratively sound and carries neutral market impact.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Clapprood Tom

Role PresA&D Interconnect Solutions

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,858	$0.00	--

Holdings After Transaction: Common Stock — 38,531 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Clapprood Tom

(Last) (First) (Middle)

200 EAST SANDPOINTE, SUITE 400

(Street)

SANTA ANA CA 92707

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TTM TECHNOLOGIES INC [ TTMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PresA&D Interconnect Solutions

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/24/2025		A		7,858(1)	A	$0.00	38,531	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the grant of restricted stock units. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest one-third on the first, second and third anniversaries of the date of grant and the stock underlying the restricted units will be delivered on or within 30 days of June 24 of each year.

	/s/ Daniel J. Weber, Attorney-in-Fact	06/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many TTMI shares did Tom Clapprood receive in the June 24, 2025 grant?

He was awarded 7,858 restricted stock units of TTMI common stock.

What is the vesting schedule for the new TTMI RSUs?

The RSUs vest one-third each year on the first, second and third anniversaries of 24 June 2025.

Did the insider sell any TTMI shares in this Form 4 filing?

No. The filing shows only an equity grant; there were no sales or disposals.

What is Tom Clapprood’s total beneficial TTMI ownership after the transaction?

Following the grant, he beneficially owns 38,531 TTMI shares.

Does this Form 4 filing involve a Rule 10b5-1 trading plan?

The filing indicates no transaction made under a Rule 10b5-1 plan.