Fortier Gregory S. 4

What Happened
Gregory S. Fortier, SVP and President — Integrated Electronics at TTM Technologies (TTMI), was granted 5,600 restricted stock units (RSUs) on December 29, 2025. The award is reported as an acquisition (code A) at $0.00 per unit (typical for RSU grants); no cash was exchanged. The RSUs vest one‑third on each of the first, second and third anniversaries of the grant, and the underlying shares will be delivered on or within 30 days of January 29 of each vesting year (see footnote F1).

Key Details

• Transaction date: 2025-12-29; Form 4 filed: 2026-02-02 (filing appears late relative to the transaction date).
• Transaction type/code: Award/Grant (A).
• Amount: 5,600 RSUs; reported price: $0.00.
• Vesting: One‑third vests on each of years 1, 2 and 3; delivery of shares per footnote F1.
• Shares owned after transaction: Not specified in the filing.
• Footnote F1: Confirms each RSU equals the right to one share and describes vesting and delivery timing.
• Timeliness: Filing was submitted more than a month after the grant date (may be considered late reporting).

Context
RSU grants are a form of compensation/retention and are not the same as an open‑market purchase or sale — they don’t represent an immediate cash outlay or sale by the insider. For retail investors, purchases can signal conviction, while awards mainly reflect compensation policies; future vested shares could increase the insider’s holdings if shares are not sold.