Sale details and ownership
Director Thomas T. Edman of TTM Technologies Inc sold 16,800 shares of the company's common stock on April 1, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The transaction was reported at a single execution price of $100.23 per share, producing total proceeds of roughly $1.68 million. The filing notes the sale was carried out pursuant to a 10b5-1 Sales Plan. Following the disposition, Edman is recorded as directly holding 838,371 shares of TTM Technologies.
Share performance context
TTM's stock delivered a notable 360% return over the last year, a gain referenced in the filing. Despite that strong run, the share price has softened from the sale price and is reported at $97.03. The Form 4 does not include commentary on Edman's reasons for the sale beyond the execution under the pre-established trading plan.
Company results and market reaction
TTM Technologies reported fourth-quarter 2025 results that surpassed analyst expectations on both earnings and revenue. The company posted non-GAAP earnings per share of $0.70, above the $0.68 consensus, while net sales for the quarter reached $774.3 million versus expected sales of $752.9 million. Despite beating forecasts, the stock declined in aftermarket trading; the earnings call did not provide additional explanation for that price movement in the market.
Valuation note
According to InvestingPro analysis cited in the filing, TTMI currently appears overvalued based on its Fair Value assessment. The notice referenced availability of a Pro Research Report on TTMI among a broader library of reports for subscribers. No recent analyst upgrades or downgrades for TTM Technologies were reported in the filing.
Summary takeaway
Edman's sale was carried out under a standing 10b5-1 plan and reduced his stake by 16,800 shares while leaving him with 838,371 shares. The company has posted a recent quarter that beat estimates but the stock has experienced a pullback from its year-ago gains.