Weber Daniel J 4
Research Summary
AI-generated summary
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.