Clapprood Tom 4
Research Summary
AI-generated summary
TTM Technologies (TTMI) Pres. Tom Clapprood Sells 3,035 Shares
What Happened
- Tom Clapprood, President of A&D Interconnect Solutions at TTM Technologies (TTMI), sold a total of 3,035 shares in open-market transactions on June 23, 2026, generating roughly $636,742 in proceeds. The sales were executed under a 10b5-1 trading plan and were made to cover the tax liability resulting from the vesting of RSUs (footnote F1). These were sales (routine tax-withholding related), not purchases.
Key Details
- Transaction date: June 23, 2026; Form 4 filed June 25, 2026 (timely filing).
- Total shares sold: 3,035; total proceeds: approximately $636,742.
- Individual reported lots and prices (as reported): 37 @ $201.95; 66 @ $203.81; 277 @ $204.59; 110 @ $205.42; 22 @ $206.35; 86 @ $207.95; 149 @ $208.87; 603 @ $209.76; 709 @ $210.75; 496 @ $211.67; 400 @ $212.60; 80 @ $213.39.
- Price notes: Several line items report weighted-average prices and were executed in multiple trades within stated ranges (see footnotes F2–F13). Overall prices ranged roughly from ~$201.89 to ~$213.73 across the transactions.
- Reason: Per footnote F1, the sales were pursuant to a 10b5-1 plan and solely to pay taxes on vested RSUs.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- These sales were made under a pre-arranged 10b5-1 plan for tax withholding on RSU vesting — a common, routine reason for insider sales and not necessarily a signal about company prospects.
- Transaction code S = Sale. No options exercises, gifts, or acquisitions were reported in this filing.