Walsh James P 4
Research Summary
AI-generated summary
TTM Technologies (TTMI) COO James Walsh Sells 2,113 Shares
What Happened
James P. Walsh, Chief Operating Officer of TTM Technologies (TTMI), sold a total of 2,113 shares in multiple open-market transactions on June 25, 2026. The sales generated approximately $441,480 in proceeds, at reported prices across lots roughly between ~$204.95 and ~$218.27 (weighted averages reported). According to the filing, these sales were made pursuant to a 10b5-1 trading plan and were executed solely to pay tax liabilities arising from the vesting of restricted stock units (RSUs) — i.e., routine tax-withholding sales rather than a discretionary market-timing sale.
Key Details
- Transaction date: June 25, 2026; Form 4 filed June 29, 2026 (filing appears timely).
- Total shares sold: 2,113; total proceeds reported: about $441,480.
- Reported prices varied by lot; weighted-average prices and price ranges are provided in the filing (see footnotes F2–F14 and F10–F14 for the per-lot price ranges).
- Purpose: Per footnote F1, sales executed under a 10b5-1 plan solely to cover tax liabilities on vested RSUs.
- Shares owned after transaction: not specified in the details provided here.
Context
Sales to satisfy tax withholding on vested equity awards are common and generally considered routine — they do not necessarily indicate the insider's view on the company's outlook. For retail investors, purchases by insiders can be a stronger signal than routine sale-for-taxes transactions. If you want more detail on the exact per-trade prices within the reported ranges, the filing notes the reporting person will provide that breakdown on request.