Korte Daniel G. 4
4 · TTM TECHNOLOGIES INC · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
TTM Technologies (TTMI) Director Daniel Korte Receives Award
What Happened
Daniel G. Korte, a director of TTM Technologies (TTMI), received a grant of 1,358 restricted stock units (RSUs) on 2026-05-07. The Form 4 reports an acquisition price of $0.00 (Box 4 = $0), reflecting that this was an award/compensation grant rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-07; Form 4 filed 2026-05-08 (appears timely; Form 4s must generally be filed within two business days).
- Shares/units granted: 1,358 restricted stock units; acquisition price reported as $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: the RSUs each represent the right to one share and will vest on the first anniversary of the grant date (per filing footnote).
- Transaction code: A (award/grant).
Context
RSU grants are a form of compensation and do not involve an immediate cash purchase or sale of stock. The Form 4 shows $0 because no cash was exchanged at grant; the recipient receives actual shares only if and when the RSUs vest (here, one year after grant). Such awards are routine for directors and executives and should be interpreted as equity compensation rather than a direct market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-07+1,358→ 1,358 total
Footnotes (1)
- [F1]Amount in Box 4. reflects the grant of restricted stock units. Each restricted stock unit represents the right to receive one share of the Issuer's common stock. The shares underlying the restricted stock units will vest on the first anniversary of the date of grant.