TTM TECHNOLOGIES INC·4

Feb 17, 9:57 AM ET

Weber Daniel J 4

Research Summary

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Updated

TTM Technologies EVP Daniel Weber Sells Shares

What Happened

  • Daniel J. Weber, Executive Vice President and General Counsel of TTM Technologies (TTMI), disposed of a total of 31,790 shares on Feb 13, 2026.
  • He sold 19,790 shares at $93.12 per share (value $1,842,762) to satisfy tax withholding related to vesting Performance RSUs, and sold 12,000 shares in the open market at $93.88 per share (value $1,126,560). Total proceeds were about $2,969,322.
  • These transactions are sales (routine liquidity and tax-withholding), not purchases—so they do not indicate an insider buy signal.

Key Details

  • Transaction date: 2026-02-13
  • Sales:
    • 19,790 shares @ $93.12 = $1,842,762 (footnote F1: sale to pay tax liability on vested Performance RSUs)
    • 12,000 shares @ $93.88 = $1,126,560 (footnote F2: open market sale)
  • Total shares disposed: 31,790; approximate total proceeds: $2,969,322
  • Shares owned after transaction: not specified in the provided filing
  • Form 4 filed: 2026-02-17 (reports trades from 2026-02-13); filing posted four days after the transactions
  • Transaction codes: F = payment of tax liability/withholding; S = open-market sale

Context

  • The larger sale (19,790 shares) was to cover taxes on vested Performance RSUs—this is a common, administrative cashless/withholding action and not a market-timing buy or sell decision by the executive.
  • The 12,000-share open-market sale is routine insider selling for liquidity; by itself it does not signal company fundamentals.
  • No option exercises, gifts, or 10% owner transactions were reported in this filing.