TechTarget officer adds 221 shares to planned sale
The reported sale is tied to withholding taxes from settlement of vested restricted stock units.
Rhea-AI Filing Summary
TechTarget, Inc. (TTGT) officer Steven Niemiec amended a notice listing 8,950 common shares for sale, with an aggregate market value of $34,457.50. The amendment increases the reported sale amount by 221 shares. The shares are being sold to cover withholding taxes due in connection with the settlement of vested restricted stock units. The notice also lists 19,437 shares acquired through an RSU vest on September 22, 2026, and 21,427 shares sold on August 28, 2026, for $82,484.89.
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Key Figures
Shares listed for sale: 8,950 common shares
Aggregate market value: $34,457.50
Increase in reported sale amount: 221 shares
+3 more
6 metrics
Shares listed for sale
8,950 common shares
Amended notice; approximate sale date September 23, 2026
Aggregate market value
$34,457.50
Shares listed for sale
Increase in reported sale amount
221 shares
Amendment to the prior notice
Shares acquired through RSU vest
19,437 shares
September 22, 2026
Shares sold during prior three months
21,427 shares
August 28, 2026
Aggregate value of prior sales
$82,484.89
Shares sold during prior three months
Key Terms
Restricted Stock Units, sell-to-cover transaction, aggregate market value, Rule 144
4 terms
Restricted Stock Units financial
"settlement of vested Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell-to-cover transaction financial
"tax withholding sell-to-cover transaction"
A sell-to-cover transaction is when a person granted company stock (for example as part of compensation or option exercise) immediately sells enough of those shares to pay required taxes or exercise costs and keeps the rest. Think of it like cashing part of a bonus to cover the tax bill; it provides necessary cash without the holder needing outside funds. Investors watch these sales because they increase trading volume and slightly reduce insider holdings, but they often reflect routine tax or cost management rather than a judgment on the company’s prospects.
aggregate market value financial
"amends the aggregate market value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Rule 144 regulatory
"See the definition of “person” in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why did TTGT officer Steven Niemiec amend his Form 144 notice?
The amendment increased the reported sale amount by 221 shares because the original notice underestimated the share count after the tax-withholding sell-to-cover transaction’s execution price was lower than expected.
AI-generated analysis. How Rhea-AI works. Not financial advice.