Clapprood Tom 4

What Happened

• Tom Clapprood, President of A&D Interconnect Solutions at TTM Technologies (TTMI), sold a total of 1,239 shares on 2026-06-25 in open-market transactions (transaction code S). The sales generated approximately $258,885 in proceeds.
• The reported per-share prices for the separate lots ranged roughly from about $204.95 up to $218.27; the filing reports weighted-average prices for several groups of lots (see footnotes for exact ranges and weighting). These sales were made pursuant to a 10b5-1 trading plan and were executed solely to pay the tax liability from RSU vesting — a routine, tax-withholding sale rather than a discretionary market-timing trade.

Key Details

• Transaction date: 2026-06-25 (filed on Form 4 2026-06-29; filing appears timely)
• Total shares sold: 1,239; Total proceeds: ~$258,885
• Reported price range (by lot averages): roughly $204.95 — $218.27; multiple footnotes give narrower weighted-average ranges for groups of shares
• Reason given: F1 — sales under a 10b5-1 plan adopted Feb 27, 2026, solely to pay tax liability on RSU vesting
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing
• Additional note: the filer offers to provide detailed breakdowns of the number of shares sold at each price within the ranges described in the footnotes upon request

Context

• Sales to cover withholding on vested RSUs are common and typically reflect tax-management activity rather than a direct signal about the insider’s view of company prospects.
• Transaction code S = Sale. Because these were prearranged under a 10b5-1 plan, they are often treated as routine; retail investors should consider this when interpreting the trade.