TTM Technologies (TTMI) EVP, CHRO sells 3,367 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TTM Technologies EVP and CHRO Shawn A. Powers reported selling 3,367 shares of common stock in open-market transactions. The sales occurred on June 25, 2026 at prices generally around the low-$200s per share, with weighted-average prices disclosed for multiple price ranges from about $204.58 to $218.93.
According to the footnotes, these sales were made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2026 and were executed solely to pay the tax liability related to the vesting of restricted stock units (RSUs). After these transactions, Powers continues to hold a significant direct equity position in TTM Technologies.
Positive
- None.
Negative
- None.
Insights
Shawn Powers sold shares mainly to cover RSU tax obligations under a pre-set 10b5-1 plan.
EVP and CHRO Shawn A. Powers sold 3,367 shares of TTM Technologies common stock on June 25, 2026. All transactions were coded as open-market sales and priced in a narrow band around the low-$200s per share.
A key footnote states the sales were made under a Rule 10b5-1 trading plan adopted on February 25, 2026, solely to pay taxes from RSU vesting. Such pre-arranged, tax-driven trades are typically viewed as routine mechanics of equity compensation rather than discretionary selling. Powers still retains a substantial direct shareholding, so the filing mainly clarifies compensation-related activity.
Insider Trade Summary 10b5-1
Net Seller: 3,367 shares ($703,508)
Net Sell
13 txns
Insider
Powers Shawn A.
Role
EVP, CHRO
Sold
3,367 shs ($704K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 187 | $204.95 | $38K |
| Sale | Common Stock | 68 | $206.25 | $14K |
| Sale | Common Stock | 172 | $207.04 | $36K |
| Sale | Common Stock | 1,277 | $208.40 | $266K |
| Sale | Common Stock | 807 | $209.06 | $169K |
| Sale | Common Stock | 461 | $210.10 | $97K |
| Sale | Common Stock | 284 | $211.08 | $60K |
| Sale | Common Stock | 18 | $211.86 | $4K |
| Sale | Common Stock | 20 | $213.51 | $4K |
| Sale | Common Stock | 15 | $214.46 | $3K |
| Sale | Common Stock | 17 | $216.49 | $4K |
| Sale | Common Stock | 29 | $217.43 | $6K |
| Sale | Common Stock | 12 | $218.27 | $3K |
Holdings After Transaction:
Common Stock — 123,981 shares (Direct, null)
Footnotes (1)
- Represents the sale of shares, pursuant to a 10b5-1 trading plan adopted on February 25th, 2026, solely 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 $204.58 - $205.57, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.67 - $206.65, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.69 - $207.65, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.69 - $208.67, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.68 - $209.66, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.68 - $210.67, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.70 - $211.67, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.74 - $211.95, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.07 - $213.91, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.10 - $214.82, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.06 - $216.95, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $217.09 - $217.97, inclusive. The reporting person undertakes to provide to 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $218.11 - $218.93, inclusive. The reporting person undertakes to provide to 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.
Key Figures
Shares sold: 3,367 shares
Highest reported sale price: $218.93 per share
Lowest reported sale price: $204.58 per share
+3 more
6 metrics
Shares sold
3,367 shares
Total common shares sold on June 25, 2026
Highest reported sale price
$218.93 per share
Upper end of disclosed weighted-average price ranges
Lowest reported sale price
$204.58 per share
Lower end of disclosed weighted-average price ranges
Transaction count
13 sales
Number of separate non-derivative sale entries
Net share direction
3,367 net shares sold
Net-sell direction per transaction summary
Trading plan adoption date
February 25, 2026
Adoption date of Rule 10b5-1 plan for these sales
Key Terms
Rule 10b5-1 trading plan, RSUs, weighted average price, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Represents the sale of shares, pursuant to a 10b5-1 trading plan adopted on February 25th, 2026..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
RSUs financial
"solely 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"tax liability incident to the vesting of RSUs."
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.
FAQ
Do the TTMI insider sales relate to RSU vesting for Shawn A. Powers?
Yes. The filing notes that the shares were sold solely to pay tax liabilities incident to the vesting of restricted stock units (RSUs). This shows the sales are tied directly to equity compensation vesting rather than an independent decision to reduce overall exposure.