Insider at TTMI Cashes Out 7.5k Shares Amid $38–$40 Range

Rhea-AI Filing Summary

TTM Technologies (NASDAQ:TTMI) filed a Form 4 disclosing that SVP Information Technology Dale Martin Knecht sold 7,487 common shares on June 25 2025 at a weighted-average price of $39.007. The sale, executed under a Rule 10b5-1 plan, totals roughly $292 k and equals about 11% of his pre-sale holdings. Following the transaction, Knecht owns 59,947 shares. No derivative activity was reported.

Positive

• None.

Negative

• SVP Information Technology sold 7,487 shares (~11% of his prior stake) for about $292 k, potentially signaling reduced personal conviction.

Insights

Insider Transaction Analyst

Moderate insider sale—11% stake, ~$292 k.

The trade surpasses the 5% threshold, making it notable, yet the dollar value is modest versus TTMI’s market cap. Pre-planned 10b5-1 execution lessens timing concerns. Likely a diversification move rather than a directional signal, but investors should track any follow-on insider activity.

Corporate Governance Specialist

10b5-1 plan mitigates governance risk.

Because the disposition follows an established 10b5-1 program, governance red flags are limited. The insider retains nearly 60 k shares, maintaining alignment with shareholder interests. Absence of similar sales by other executives suggests no systemic concern; overall impact appears neutral.

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^*

Knecht Dale Martin

(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)
	SVP Information Technology

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

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	06/25/2025		S		7,487(1)	D	$39.007(2)	59,947	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. Represents the sale of shares sold pursuant to a 10b5-1 Sales Plan.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.07 to $40.00, 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.

	/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 shares did TTMI's SVP Information Technology sell on June 25 2025?

He sold 7,487 common shares.

What was the average sale price for the TTMI shares sold by Dale Martin Knecht?

The weighted-average sale price was $39.007 per share.

What percentage of his TTMI holdings did the insider dispose of?

The sale represents approximately 11% of his pre-transaction stake.

How many TTMI shares does Dale Martin Knecht still own after the sale?

He retains 59,947 shares of common stock.

Was the TTMI insider sale executed under a 10b5-1 plan?

Yes, the filing states the sale was made pursuant to a Rule 10b5-1 sales plan.