Geveden Rex D 4

What Happened

• Rex D. Geveden, a director of TTM Technologies Inc. (TTMI), was granted 2,344 restricted stock units (RSUs) on May 6, 2026. The Form 4 shows an acquisition at $0.00 per unit (total reported value $0 in the filing), reflecting a compensation award rather than a market purchase.
• Each RSU represents the right to receive one share of TTMI common stock. According to the filing, the shares underlying these RSUs will vest on the first anniversary of the grant date.

Key Details

• Transaction date: 2026-05-06; filing date: 2026-05-08 (Form 4 accession 0001408482-26-000003).
• Transaction type/code: A — Grant/award (restricted stock units).
• Quantity and price: 2,344 RSUs @ $0.00 (reported acquisition value $0).
• Vesting: Shares from the RSUs vest on the first anniversary of the grant (per footnote).
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Timeliness: Filing appears timely (filed two days after the reported transaction); no late filing noted.

Context

• RSUs are a form of equity compensation that convert to actual shares only upon vesting; they are not an immediate open‑market purchase or sale and do not necessarily signal a buy/sell intent by the insider.
• Such grants are common for directors and executives as part of compensation or retention programs. For retail investors, outright purchases tend to be a stronger signal of personal conviction than routine compensation awards.