TTM Technologies INC (NASDAQ:TTMI) director Thomas T. Edman recorded two significant equity dispositions on February 13, 2026, according to a Form 4 filing with the Securities and Exchange Commission. One transaction shows the sale of 12,750 shares at $94.92 apiece, producing proceeds of approximately $1.2 million. The filing indicates those shares were held by the Edman Family Foundation.
On the same date, Edman also sold 58,090 shares priced at $93.1158 per share. That second sale was conducted to cover tax obligations associated with the vesting of Performance Restricted Stock Units (PRSUs), and the proceeds from that transaction total roughly $5.4 million.
Following both dispositions, Edman is listed as directly owning 871,971 shares of TTM Technologies. The timing of the sales coincides with an extended run in TTMI shares, which have risen about 247% over the last year and have been trading close to a 52-week high of $111.
Market valuation metrics noted alongside the transactions show TTM trading with a price-to-earnings ratio of 55.1, a level that the filing commentary associates with the stock trading above its InvestingPro Fair Value. Despite that premium, the article notes there has been recent analyst activity: four analysts revised earnings estimates upward for the forthcoming period.
Financial results released recently provide additional context. TTM Technologies reported fourth-quarter 2025 non-GAAP earnings per diluted share of $0.70, ahead of the $0.68 consensus estimate. Net sales for the quarter were $774.3 million, exceeding the expected $752.9 million. These results were characterized as a positive performance for the company in the period.
Even with the beat on both EPS and revenue, TTM's share price declined in aftermarket trading after the announcement. The filing and the earnings release together present a combination of insider liquidity events and company-level execution that investors and analysts will weigh as they reassess valuation and forward guidance.
Contextual note: The Form 4 filing identifies the Edman Family Foundation as the holder of the 12,750 shares sold. The sale of 58,090 shares is explicitly tied to tax coverage for vested PRSUs. The companyigures cited above are taken directly from the filings and the reported quarterly results.