TechTarget officer plans sale of 12,608 shares
The amendment raises the reported sale quantity by 621 shares to cover withholding taxes on vested restricted stock units.
Rhea-AI Filing Summary
TechTarget, Inc. (TTGT) amended a Form 144 notice for officer and director Gary Nugent, listing 12,608 common shares for sale at an aggregate market value of $48,540.80. The amendment increases the number of shares to be sold by 621 shares. The stated purpose is to cover withholding taxes due upon settlement of vested Restricted Stock Units; the listed approximate sale date is September 23, 2026.
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Key Figures
Shares listed for sale: 12,608 common shares
Aggregate market value: $48,540.80
Increase in shares to be sold: 621 shares
+1 more
4 metrics
Shares listed for sale
12,608 common shares
Amended Form 144 notice
Aggregate market value
$48,540.80
Shares listed for sale
Increase in shares to be sold
621 shares
Amendment
Shares outstanding
72,606,498 shares
Listed in the securities information
Key Terms
Restricted Stock Units, sell-to-cover transaction, aggregate market value
3 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
"aggregate market value in accordance with Instruction 3(d)"
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.
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