Summary
Thomas T. Edman, a director at TTM Technologies INC (NASDAQ:TTMI), sold 16,800 shares of common stock on March 2, 2026 at $101.62 per share, a transaction valued at approximately $1.7 million. The disposition was recorded in a Form 4 filing with the Securities and Exchange Commission and was carried out under a pre-arranged 10b5-1 sales plan. The filing notes the sale was signed by Daniel J. Weber, Attorney-in-Fact, on March 3, 2026.
Insider transaction details
The sale occurred while the company's shares were trading near $101.85, following a 393% increase over the prior 12 months. After completing the sale, Edman directly holds 855,171 shares of TTM Technologies. The company is described in the filing as having a market capitalization of $10.6 billion.
According to the filing footnote, the share disposition was implemented through a 10b5-1 plan, indicating the trades were pre-arranged. The Form 4 reflects the formal execution and signature by Daniel J. Weber on March 3, 2026.
Valuation note and market context
Investment analysis referenced in the filing materials indicates that, based on an InvestingPro analysis, TTM Technologies' shares currently trade above their Fair Value. That analysis places the stock at a price-to-earnings ratio of 61.9.
Recent financial performance
In other disclosures, TTM Technologies reported fourth-quarter 2025 results that exceeded analyst expectations. The company posted non-GAAP earnings per share of $0.70, ahead of the $0.68 forecast, and reported net sales of $774.3 million versus an anticipated $752.9 million. Despite the better-than-expected quarterly results, the company’s shares declined in aftermarket trading following the announcement.
Additional corporate developments
The filing and associated disclosures note there have been no recent updates regarding mergers or acquisitions involving TTM Technologies. Likewise, the record shows that analyst firms have not issued any recent upgrades or downgrades for the company. These items complete the set of company-specific developments documented alongside the insider sale.
What this means for investors
The Form 4 details provide a clear factual account of the director’s sale and the company's recent quarterly performance. The combination of a sizable insider sale executed under a 10b5-1 plan, a high trailing P/E as identified by InvestingPro, and an aftermarket share decline following an earnings beat are the core elements investors can use to assess current market signals for TTM Technologies.