TTM Technologies (TTMI) director sells 16,800 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TTM Technologies director Thomas T. Edman reported an open-market sale of 16,800 shares of common stock at $101.62 per share. The transaction was executed pursuant to a pre-arranged Rule 10b5-1 sales plan. Following this sale, he directly holds 855,171 shares of TTM Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,800 shares ($1,707,216)
Net Sell
1 txn
Insider
EDMAN THOMAS T
Role
Director
Sold
16,800 shs ($1.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,800 | $101.62 | $1.71M |
Holdings After Transaction:
Common Stock — 855,171 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did TTM Technologies (TTMI) report for Thomas T. Edman?
TTM Technologies reported that director Thomas T. Edman sold 16,800 shares of common stock. The transaction was an open-market sale executed under a Rule 10b5-1 sales plan, which pre-schedules trades to reduce the appearance of trading on nonpublic information.
Was the TTM Technologies (TTMI) insider sale part of a 10b5-1 trading plan?
Yes, the sale was executed pursuant to a Rule 10b5-1 sales plan. The Form 4 footnote specifies that the 16,800-share transaction represents shares sold under this pre-arranged plan, which allows insiders to schedule trades in advance.
What role does Thomas T. Edman hold at TTM Technologies (TTMI) in this filing?
In this filing, Thomas T. Edman is identified as a director of TTM Technologies. The Form 4 indicates he is not listed as an officer or ten percent owner, but he does report direct ownership and an open-market sale of company common stock.