TTM Tech Executive Offloads Shares at $36.39, Retains Large Position

Rhea-AI Filing Summary

TTM Technologies EVP & COO Philip Titterton executed two transactions on June 23, 2025 pursuant to a 10b5-1 Sales Plan:

• Disposed of 10,704 shares at a weighted average price of $36.39 to cover tax liabilities related to RSU vesting
• Sold an additional 23,486 shares at the same weighted average price for cash proceeds from RSU vesting
• Total disposition: 34,190 shares
• Remaining direct ownership: 123,338 shares

The sales were executed across multiple transactions with prices ranging from $35.70 to $36.97. The transactions were made under a pre-arranged 10b5-1 trading plan, which provides a safe harbor from insider trading liability.

Positive

• The transactions were executed according to a pre-planned 10b5-1 Sales Plan, demonstrating proper corporate governance and compliance
• The EVP & COO still maintains a significant position of 123,338 shares after the sales, showing continued alignment with shareholder interests

Negative

• EVP & COO Philip Titterton sold a total of 34,190 shares (10,704 + 23,486) at an average price of $36.39, reducing his direct ownership by approximately 23%
• The sales were partially related to RSU vesting tax obligations, but included additional discretionary sales for cash, which could signal reduced confidence in near-term stock performance

Insider Trade Summary

Net Seller: 23,486 shares ($854,670)

Net Sell 2 txns

Insider Titterton Philip

Role EVP & COO

Sold 23,486 shs ($855K)

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	10,704	$36.3906	$390K
Sale	Common Stock	23,486	$36.3906	$855K

Holdings After Transaction: Common Stock — 146,824 shares (Direct)

Footnotes (1)

1. First reporting line represents the sale of shares, pursuant to a 10b5-1 Sales Plan, to pay the tax liability incident to the vesting of RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.70 - $36.97, inclusive. The reporting person undertakes to provide to TTM Technologies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Second reporting line represents the sale of shares, pursuant to a 10b5-1 Sales Plan, to sell shares for cash incident to the vesting of RSUs.

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^*

Titterton Philip

(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)
	EVP & COO

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

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	06/23/2025		F		10,704(1)	D	$36.3906(2)	146,824	D
Common Stock	06/23/2025		S		23,486(3)	D	$36.3906(2)	123,338	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. First reporting line represents the sale of shares, pursuant to a 10b5-1 Sales Plan, to pay the tax liability incident to the vesting of RSUs.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.70 - $36.97, inclusive. The reporting person undertakes to provide to TTM Technologies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

3. Second reporting line represents the sale of shares, pursuant to a 10b5-1 Sales Plan, to sell shares for cash incident to the vesting of RSUs.

	/s/ Daniel J. Weber, Attorney-in-Fact	06/24/2025
	** 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 shares did TTMI's EVP & COO Philip Titterton sell on June 23, 2025?

Philip Titterton sold a total of 34,190 shares on June 23, 2025, consisting of 10,704 shares sold to cover tax liabilities from RSU vesting and 23,486 shares sold for cash under a 10b5-1 Sales Plan.

What was the sale price of TTMI shares in Philip Titterton's June 2025 transaction?

The shares were sold at a weighted average price of $36.3906, with transactions occurring at prices ranging from $35.70 to $36.97 per share.

How many TTMI shares does Philip Titterton own after the June 23, 2025 transactions?

After the reported transactions, Philip Titterton directly owns 123,338 shares of TTMI common stock.

Was TTMI EVP & COO Titterton's June 2025 stock sale planned in advance?

Yes, the sales were executed pursuant to a 10b5-1 Sales Plan, which is a pre-planned trading arrangement designed to comply with insider trading regulations.

What was the purpose of TTMI executive Titterton's stock sale in June 2025?

The transaction had two purposes: 1) to sell shares to cover tax liabilities resulting from the vesting of RSUs, and 2) to sell additional shares for cash, both executed under a 10b5-1 Sales Plan.