AG真人官方

TTM Technologies (TTMI) 鈥� Form 4 insider transaction

On 08/05/2025, President of A&D Interconnect Solutions Tom Clapprood disclosed the sale of 15,000 common shares in an open-market transaction. The weighted-average sale price was $44.6785 (price range $44.30-$45.09). Following the trade, his direct ownership falls to 23,531 shares, a reduction of roughly 39 % from the prior 38,531-share position.

No derivative securities were exercised and the filing does not reference a Rule 10b5-1 trading plan, suggesting the sale was discretionary. While the transaction is numerically small versus TTMI鈥檚 outstanding share count, insider selling鈥攅specially by a senior executive鈥攃an be viewed as a modestly negative sentiment signal for investors monitoring management鈥檚 confidence.

TTM Technologies Inc. (TTMI) Form 144: Insider Thomas Clapprood has filed notice to sell up to 15,000 common shares through Merrill Lynch on or about 05 Aug 2025. The planned transaction is valued at $670,177.98 and involves stock acquired via restricted-stock-unit awards dated 2023-2025. The shares represent <0.02 % of the company鈥檚 103,313,274 shares outstanding.

The same filer sold 13,364 shares over the last three months for total gross proceeds of $417,273.59 (10,000 shares on 30 May 2025 and 3,364 shares on 23 Jun 2025). The certification states the seller is unaware of undisclosed adverse information and complies with Rule 144 resale limits.

Although modest relative to float, recurring disposals can signal insider sentiment. Investors may monitor future filings to determine whether the selling pattern accelerates.

TTM Technologies (TTMI) delivered a strong Q2 2025. Net sales rose 20.7% YoY to $730.6 m, driven by Aerospace & Defense (+19%), Data-center Computing and Networking demand tied to AI. Gross margin expanded 90 bp to 20.3%, lifting operating income 59% to $61.8 m and diluted EPS 60% to $0.40. Six-month sales climbed 17.4% to $1.38 bn and net income doubled to $73.7 m.

Cash & capital. Operating cash flow was $87.1 m (-37% FCF after $123.7 m cap-ex, largely Syracuse NY build-out). Cash ended at $448 m (-$56 m YTD); total debt remains high at $926 m. A new $100 m buyback authorization begins, but no Q2 repurchases.

Strategic moves. The firm reorganized into three segments鈥擜&D, Commercial, RF & Specialty Components鈥攊mproving transparency; A&D margin jumped to 13.8%. Post-quarter, TTMI bought a 750k sq ft Wisconsin plant and Penang, Malaysia land to expand advanced PCB capacity and diversify supply chains. Syracuse ultra-HDI facility stays on track for H2 2026 production.

Outlook signals. Backlog of long-term contracts totals $376 m; 59% expected to convert within one year. Management cites sustained defense demand and AI-related commercial strength, but rising inventories, higher SG&A and FX losses offset some gains.

TTM Technologies (NASDAQ:TTMI) filed a Form 4 disclosing that SVP Information Technology Dale Martin Knecht sold 7,487 common shares on June 25 2025 at a weighted-average price of $39.007. The sale, executed under a Rule 10b5-1 plan, totals roughly $292 k and equals about 11% of his pre-sale holdings. Following the transaction, Knecht owns 59,947 shares. No derivative activity was reported.

TTM Technologies Inc. (TTMI) filed a Form 4 on 25 Jun 2025 reporting an equity award to insider Anthony Joseph Sandeen, President of the company鈥檚 AMI&I Business Unit. On 24 Jun 2025, Sandeen received 5,893 restricted stock units (RSUs) at a cost of $0.00 per unit under TTMI鈥檚 long-term incentive plan.

Each RSU converts into one share of common stock. Vesting occurs in three equal tranches on the first, second and third anniversaries of the grant date, with share delivery within 30 days of 24 June each year. After the grant, Sandeen鈥檚 direct beneficial ownership rises to 43,442 shares. No shares were sold or otherwise disposed of, and no derivative transactions beyond the RSU grant were reported.

The transaction is a routine component of executive compensation aimed at retaining a key business unit leader and aligning management with shareholder value creation. Given TTMI鈥檚 multi-million-share float, the 5,893-share award is immaterial to dilution, but it reinforces the company鈥檚 commitment to equity-based incentives for senior management.

Form 4 snapshot 鈥� TTM Technologies Inc. (TTMI): EVP & CFO Daniel L. Boehle reported the grant of 22,986 restricted stock units (RSUs) on 24 Jun 2025. The RSUs carry a $0.00 acquisition price and will vest in three equal tranches on the first, second and third anniversaries of the grant date. Following the award, Boehle鈥檚 aggregate beneficial ownership rises to 77,212 TTMI common shares, all held directly. No open-market purchase or sale was disclosed, and no derivative transactions were reported beyond the RSU grant.

The filing is a routine equity-based compensation event designed to align executive interests with shareholders. It does not signal any change in corporate strategy, financial outlook, or capital structure.