TTM Technologies CFO Daniel Boehle Sells 5,890 Shares Amid $1.1 Billion Acquisition Plans

Key Points

• The sale encompassed 5,890 shares, valued at approximately $660,500 on the transaction date of August 25, 2026.

• The shares sold represented roughly 8% of the executive’s pre‑transaction holdings.

• After the sale, the CFO retained 69,165 shares held directly.

Daniel L. Boehle, Chief Financial Officer of TTM Technologies, Inc. (NASDAQ:TTMI), sold 5,890 shares of the company’s common stock on August 25, 2026, as disclosed in an SEC Form 4 filing.

Transaction summary

The transaction was valued at $660,500, involving 5,890 shares; after the sale, the CFO holds 69,165 shares, worth about $7.77 million.

Transaction value is based on the SEC Form 4 weighted average sale price of $112.14 per share; post‑transaction value reflects the August 25, 2026 closing price of $112.30.

Key questions

• What prompted this disposition of common stock?
  The sale was a non‑discretionary transaction intended solely to cover tax withholding obligations arising from the vesting of restricted stock units (RSUs); it does not signal the executive’s outlook on the stock.
• How much direct equity does Daniel Boehle retain?
  Following the transaction, Daniel Boehle retains direct ownership of 69,165 shares, which were worth approximately $7.77 million at the August 25, 2026 closing price.
• Was this trade part of a pre-arranged schedule?
  Yes. The shares were surrendered under a Rule 10b5‑1 trading plan, a common tool executives use to schedule sales for tax or liquidity needs.
• What has been the recent performance of TTM Technologies stock?
  As of the August 25, 2026 transaction date, TTM Technologies’ stock delivered a one‑year total return of 155%.

Company Overview

As of the August 24, 2026 market close, the share price stood at $107.12, market capitalization was $11.1 billion, trailing twelve‑month revenue reached $3.4 billion, and net income totaled $236.8 million.

Company Snapshot

• TTM Technologies designs, produces, and supplies a broad range of printed circuit boards (PCBs) and radio‑frequency (RF) components, covering conventional and high‑density interconnect (HDI) boards, substrate‑like (SLP) panels, flexible and rigid‑flex circuits, and specialized RF and microwave solutions.
• The firm acts as a key provider of interconnect and component solutions for manufacturers in diverse sectors.
• TTM Technologies serves a varied customer base spanning technology, telecommunications, aerospace, defense, and industrial markets, backed by a worldwide footprint that meets the advanced PCB and RF component needs of enterprise clients.

TTM Technologies is a global leader in advanced printed circuit board and RF component manufacturing. The company has shown strong momentum, posting trailing twelve‑month revenue of $3.4 billion and net income of $236.8 million, underscoring solid operational execution in a capital‑intensive industry.

TTM’s competitive edge lies in its specialized ability to manufacture complex PCB designs and RF solutions for mission‑critical applications in high‑growth markets—a capability that reflects the meaning behind its initials, “time to market.”

What this transaction means for investors

The CFO’s August 25 sale of TTM Technologies shares at $112.14 each does not raise concerns for investors, as it was a non‑discretionary transaction undertaken solely to satisfy tax withholding obligations tied to the vesting of restricted stock units.

A restricted stock unit (RSU) represents a promise to deliver shares at a future date. Upon vesting, as occurred in this case, a “sell‑to‑cover” transaction is typically executed to fund the associated tax liability.

TTM Technologies’ share price has fallen well below its multi‑year peak of $223.83 reached in June. The announcement of a $1.1 billion acquisition of EPIQ Design Solutions sparked investor concern, especially given that the company exited the second quarter with close to $1 billion of debt on its balance sheet.

The acquisition is intended to bolster TTM’s artificial intelligence capabilities. This AI‑driven momentum helped the company reach a record quarterly sales figure of $1 billion in the second quarter.

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