Powers Shawn A. 4
Research Summary
AI-generated summary
TTM Technologies EVP Shawn Powers Receives 44,471-Share Award
What Happened
- Shawn A. Powers, Executive Vice President, Human Resources of TTM Technologies (TTMI), had 44,471 shares released to him on February 11, 2026 in connection with the vesting of performance-based restricted stock units. The Form 4 reports the acquisition price as $0 (award/vested RSUs).
Key Details
- Transaction date: February 11, 2026.
- Transaction type/code: Award/Grant/Other acquisition (A).
- Shares involved: 44,471 shares; acquisition price shown as $0 on the filing.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Shares were released upon vesting of performance-based RSUs granted June 22, 2023.
- Filing timeliness: Form filed Feb 13, 2026 for a Feb 11 transaction; no late-filing flag indicated.
Context
- This was an award/vesting event, not an open-market purchase or sale. Vesting of RSUs is a routine compensation event and does not necessarily signal the insider’s short-term market view. If taxes were withheld in shares, the filing would typically note that; none is specified here.