Farrell Robert P. 4
Research Summary
AI-generated summary
TTM Technologies (TTMI) President Robert Farrell Sells 1,304 Shares
What Happened
- Robert P. Farrell, President, C&C of TTM Technologies, sold a total of 1,304 shares on June 25, 2026, for aggregate proceeds of approximately $272,439. These disposals were reported as open-market/private sales (code S) and were made pursuant to a 10b5-1 trading plan adopted February 25, 2026 to pay the tax liability arising from RSU vesting. The lots were executed at prices roughly between $204.58 and $218.43 per share (various weighted-average prices and individual trade prices are reported).
Key Details
- Transaction date: 2026-06-25; Form 4 filed: 2026-06-29 (timely).
- Total shares sold: 1,304; Total proceeds: approx. $272,439.
- Price details: multiple trades at prices shown in the filing (individual lot prices include $204.95, $206.25, $207.04, $208.40, $209.06, $210.10, $211.08, $211.86, $213.51, $214.46, $216.49, $217.43, $218.27); grouped lots have weighted-average ranges (see footnotes F2–F14 and F10–F14).
- Shares owned after the transaction: not specified in the provided summary of the filing.
- Notable footnote: F1 — sales made under a 10b5-1 plan solely to cover tax withholding on vested RSUs. Several footnotes (F2–F14, F10–F14) indicate prices shown are weighted averages across multiple trades; the filer will provide breakdowns on request.
Context
- These were routine tax-withholding sales under a pre-established 10b5-1 plan, not an opportunistic open-market purchase; such sales are common following RSU vesting and do not necessarily signal the insider's broader view on the company. The filing appears timely (filed within the Form 4 two-business-day window).