TTM TECHNOLOGIES INC·4

Jun 25, 5:43 PM ET

Walsh James P 4

Research Summary

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Updated

TTM Technologies (TTMI) COO James Walsh Sells Shares

What Happened

  • James P. Walsh, Chief Operating Officer of TTM Technologies, sold a total of 2,916 shares in multiple open-market transactions on June 23, 2026, generating approximately $611,767 in proceeds. Sales were executed in multiple tranches at prices ranging roughly from $201.95 to $213.39 per share.
  • These were sales (not purchases) and are described in the filing as transactions under a 10b5-1 trading plan adopted February 24, 2026, made solely to satisfy the tax withholding obligation arising from the vesting of restricted stock units (RSUs).

Key Details

  • Transaction date: June 23, 2026; Form 4 filed June 25, 2026 (timely).
  • Total shares sold: 2,916; Total proceeds: ~$611,767.
  • Reported per-tranche examples (shares @ price — proceeds): 36 @ $201.95 ($7,270); 266 @ $204.59 ($54,421); 580 @ $209.76 ($121,661); 681 @ $210.75 ($143,521); 384 @ $212.60 ($81,638); others as listed in the filing.
  • Prices were reported as weighted averages across multiple trades; footnotes (F2–F13 and F10–F13) give the price ranges for those weighted averages and state the filer will provide per-price details on request.
  • Purpose noted (F1): sales pursuant to a 10b5-1 plan to cover tax liabilities from RSU vesting.
  • Shares owned after the transaction: not disclosed in the provided filing details.

Context

  • Sales to cover tax withholding on vested RSUs are common and are generally considered routine (not a direct signal of management’s view of the company’s prospects).
  • No purchases or option exercises were reported in this filing. The filing appears timely (filed two days after the report date).