TTMI insider purchases 10,000 shares over two days; ownership rises to 24,024
Rhea-AI Filing Summary
TTM Technologies director Wajid Ali purchased company common stock in open-market transactions on 08/18/2025 and 08/19/2025. He acquired 5,000 shares on 08/18 at a weighted-average price of $41.748 and 5,000 shares on 08/19 at a weighted-average price of $40.8938, increasing his direct beneficial ownership to 24,024 shares. The filing notes the purchases were made in multiple transactions within disclosed price ranges and that the reporting person will provide transaction-level detail upon request.
Positive
- Director purchase: Reporting person acquired 10,000 shares via open-market purchases, increasing direct ownership to 24,024 shares.
- Transparent pricing: Weighted-average prices and purchase price ranges are disclosed and the filer offers to provide transaction-level details on request.
Negative
- None.
Insights
TL;DR: A company director executed modest open-market purchases totaling 10,000 shares, modestly increasing direct ownership to 24,024 shares.
This Form 4 discloses director purchases executed on consecutive days at weighted-average prices near $41. The trades were open-market acquisitions, not derivative exercises or plan-based transactions, and the filer documents price ranges for transparency. For investors, insider purchases signal personal capital deployment but the absolute stake remains small relative to institutional holdings; the filing alone does not indicate a material change to control or corporate strategy.
TL;DR: Insider purchases comply with disclosure rules and increase an individual director's alignment with shareholders, though size is limited.
The report is a routine Section 16 disclosure showing direct beneficial ownership increases via open-market purchases. The inclusion of weighted-average price ranges and the offer to supply per-transaction details reflects good disclosure practice. There is no indication of transactions pursuant to a Rule 10b5-1 plan or of any derivative activity. Governance implications are positive for alignment but not materially influential on control or board composition.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $40.8938 | $204K |
| Purchase | Common Stock | 5,000 | $41.748 | $209K |
Footnotes (1)
- Represents the purchase of shares in open market. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $41.65 to $41.87, 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 the second line is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $40.65 to $40.99, 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.