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TTM TECHNOLOGIES INC [TTMI]

Reporting date: 02/11/2026

⚠️ Neutral Insider Buy Detected

📝 What Happened

  • Insider: Multiple insiders (Knecht Dale Martin; Gridley Catherine A; BOEHLE DANIEL L.; Powers Shawn A.; Weber Daniel J; Soder Douglas L; EDMAN THOMAS T)
  • Role: Various officers and one director (SVP Information Technology; EVP, A&D Sector President; EVP and CFO; EVP, Human Resources; EVP, General Counsel; EVP, Commercial Sector Pres.; Director)
  • Company: TTM TECHNOLOGIES INC (TTMI)
  • Transaction Date(s): 2026-02-11
  • Table I (Non-Derivative Securities)
    • Sale : 378,254 shares
    • Average Sale Price: $0.00
    • Total Value: $0.00
    • Post-Transaction Direct Holdings: 1,752,222 shares (aggregate)
    • Indirect Holdings: None reported
    • 10b5-1 Plan Used? No

    📄 Summary

    Multiple insiders at TTM TECHNOLOGIES INC (TTMI) acquired a combined 378,254 shares on February 11, 2026, at a reported price of $0.00, with total value not fully determinable on the Form 4. After the transactions they now hold a combined 1,752,222 direct shares and no indirect holdings reported. For retail traders, this is a neutral event: compensation-driven vesting across several executives, not a cash-market purchase or sale.

    🔑 Interpretation

    • Type: Comp-related — these filings reflect the vesting/release of performance-based restricted stock units (transaction code A) rather than discretionary open-market purchases or sales.
    • Disposition: Shares were issued/vested and retained (not sold) — the Form 4 shows acquisitions from vesting, not dispositions.
    • Size Context: Aggregate issuance of 378,254 shares is material in aggregate but distributed across seven insiders; individual grants (e.g., 146,655 shares for one filer) are large but consistent with executive performance-vesting schedules rather than opportunistic profit-taking.
    • ATH Metric: This cluster of vestings occurred on 2026-02-11. There is no clear indication these were timed to exploit an all-time high or low — vesting schedules typically follow grant dates and performance vesting periods, so the timing appears administrative rather than opportunistic relative to historical highs or lows.
    • Outlier Check: Not an obvious outlier when considered as routine periodic RSU/performance vesting for multiple executives; aggregate size is notable but aligns with multi-executive vesting events rather than a single large, unusual trade.

    📊 Bullish or Bearish?

    Neutral

    Neutral. The filings show net acquisitions (transaction code A) resulting from scheduled vesting of performance-based RSUs—this is compensation-related, not a market purchase or sale signal. The insiders retained the shares; filings lack cash-sale activity or 10b5-1 patterns, so the data points to routine vesting rather than a directional insider signal. Cluster activity cannot be determined from this filing alone.

    ✅ Bottom Line (Retail Takeaway)

    This transaction looks like routine compensation vesting rather than a bearish signal. For retail traders, it’s noise — not worth short-/mid-term action unless corroborated by meaningful open-market sales from multiple senior officers or directors.