TTM Technologies Form 4: Officer sells 1,500 shares, retains 23,822
Rhea-AI Filing Summary
Robert P. Farrell, an officer of TTM Technologies, Inc. (TTMI), reported an open-market sale of common stock on 08/28/2025. The filing shows 1,500 shares were sold at a weighted-average price of $46.693, with sale prices in the range $46.69 to $46.70. After the transaction, the reporting person beneficially owned 23,822 shares.
The Form 4 identifies the sale as occurring in multiple trades and provides an undertaking to supply detailed per-trade quantities and prices on request. The filing was signed by an attorney-in-fact on 08/29/2025.
Positive
- Transaction fully disclosed on Form 4 with transaction date and post-sale holdings
- Weighted-average price and price range provided, with undertaking to supply per-trade details on request
- Filing identifies reporting person and relationship to issuer (President C&C; officer)
Negative
- Insider sale of 1,500 shares reduces beneficial ownership to 23,822 shares
- No indication of a 10b5-1 plan in the form (checkbox not marked)
Insights
TL;DR: Officer sold a small block of shares in the open market; transaction is disclosed with weighted-average pricing.
The sale of 1,500 shares at a weighted-average $46.693 is a routine open-market disposition and leaves the officer with 23,822 shares beneficially owned. The filing follows Section 16 reporting requirements and includes a footnote explaining price ranges and an undertaking to provide per-trade details if requested. From a market-impact perspective, the transaction size appears modest versus typical institutional volumes, suggesting limited material effect on company valuation.
TL;DR: Disclosure is complete and timely; sale was reported and footnoted for transparency.
The Form 4 identifies the reporting person, relationship to the issuer (President C&C and officer), transaction date, and post-transaction holdings. The explicit footnote about weighted-average price and availability of detailed trade-level data aligns with good disclosure practices. No amendments or additional plans (e.g., Rule 10b5-1) are indicated in the form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $46.693 | $70K |
Footnotes (1)
- Represents the sale of shares in open market. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.69.00 to $46.70, 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.
FAQ
What did the TTMI Form 4 filed by Robert P. Farrell disclose?
Does the Form 4 indicate a Rule 10b5-1 trading plan for the TTMI sale?
When was the Form 4 for the TTMI transaction signed?