Farrell Robert P. 4
Research Summary
AI-generated summary
TTM Technologies (TTMI) President Robert Farrell Sells Shares
What Happened
Robert P. Farrell, President, C&C of TTM Technologies, sold a total of 2,920 shares in open-market transactions on June 23, 2026, generating roughly $612,600 in proceeds. The sales occurred in multiple tranches at weighted-average prices reported across a range (see footnotes), with per-trade reported prices in the filing and aggregate price ranges in the footnotes spanning about $201.89–$213.73. These were disposals (sales), executed under a pre-established 10b5-1 trading plan and described as solely to pay tax obligations tied to the vesting of RSUs.
Key Details
- Transaction date: June 23, 2026; Form 4 filed June 25, 2026 (appears timely, two days after trades).
- Total shares sold: 2,920; total proceeds: approximately $612,600.
- Price range (per filing/footnotes): roughly $201.89 to $213.73 across multiple trades; some reported as weighted averages with footnotes F2–F13.
- Reason/footnote: F1 — sales made pursuant to a 10b5-1 plan adopted Feb 25, 2026, solely to pay tax liability from RSU vesting. Several footnotes note weighted-average pricing and offer a breakdown on request.
- Shares owned after transaction: not disclosed in the material provided.
Context
Sales made under a 10b5-1 plan to cover taxes on vested RSUs are typically routine (tax-withholding) transactions and do not necessarily signal a change in insider sentiment. Retail investors often pay more attention to open-market purchases by insiders as potential bullish signals. The filing includes weighted-average price disclosures and offers to provide exact per-trade price breakdowns on request.