SEC Filing Analysis: TTM TECHNOLOGIES INC (TTMI)

Executive Summary

• Trading Significance: Low
• Key Takeaway: A company officer conducted a small, routine sale of common stock valued at approximately $240,000.
• Market Impact: The transaction is negligible in the context of the company's $6.94 billion market capitalization and is unlikely to influence the stock price.

Company Information

Field	Value
Company	TTM TECHNOLOGIES INC
Ticker Symbol	TTMI
CIK	0001116942
Industry	PRINTED CIRCUIT BOARDS [3672]

Insider Information

Field	Value
Name	Farrell Robert P.
CIK	0001982644
Title/Position	President C&C
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-11-03
Transaction Code	S (Open market sale)
Security Type	Common Stock
Shares Involved	3,476
Price Per Share	$68.9301
Total Value	$239,682.03
Shares Owned After	20,346
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$239,682.03
% of Market Cap	0.0035%
Shares Transacted	3,476
% of Shares Outstanding	0.0034%
Post-Transaction Ownership	20,346 shares (0.0197% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: The transaction's value of ~$240k is immaterial for a company with a market capitalization of $6.94 billion.
• Ownership Concentration: The insider's post-transaction ownership of 20,346 shares represents a very small fraction (0.0197%) of the total shares outstanding.
• Transaction Significance: The sale represents approximately 14.6% of the insider's prior holdings. While a notable portion for the individual, it is insignificant at the company level, falling far below the thresholds for moderate or high significance.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The transaction size is too small relative to the company's market cap and daily trading volume to have a material impact on the stock price.

Volume & Sentiment

• Expected Volume Impact: Negligible. The number of shares is too small to affect trading volume patterns.
• Sentiment Indicator: Neutral. This type of small, routine sale by an officer is common and does not typically signal a change in company outlook.

Additional Context

Transaction Notes

• The filing footnote indicates this was an open market sale at a weighted average price, confirming it was a planned liquidity event rather than a reaction to non-public information.