TTM executive granted 1,813 restricted stock units
Fortier Gregory S. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Fortier Gregory S. reported acquisition or exercise transactions in this Form 4 filing.
TTM Technologies Inc. reported that executive Gregory S. Fortier received a grant of 1,813 shares of common stock in the form of restricted stock units. These units were awarded at no cash cost and raise his direct holdings to 7,413 shares after the transaction.
The restricted stock units vest in three equal installments over three years. One-third of the grant will vest on each of the first, second, and third anniversaries of the June 24 grant date, with the underlying shares delivered on or within 30 days of June 24 each year.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,813 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects the grant of restricted stock units. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest one-third on the first, second and third anniversaries of the date of grant and the stock underlying the restricted units will be delivered on or within 30 days of June 24 of each year.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TTM Technologies (TTMI) report for Gregory S. Fortier?
What type of equity award did TTM Technologies (TTMI) grant to Gregory S. Fortier?
What is the vesting schedule for Gregory S. Fortier’s TTMI restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.