TechTarget officer adds 123 shares to planned sale
The stated purpose is to cover withholding taxes due on the settlement of vested restricted stock units.
Rhea-AI Filing Summary
TechTarget, Inc. officer Daniel T. Noreck amended a Form 144 notice covering the sale of 4,889 common shares, with an aggregate market value of $18,822.65 and an approximate sale date of September 23, 2026, through E*TRADE Securities on Nasdaq. The amendment increased the share amount by 123. The stated purpose is to cover withholding taxes due on settlement of vested Restricted Stock Units; the remarks attribute the adjustment to a lower-than-expected execution price.
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Key Figures
Common shares to be sold: 4,889 shares
Aggregate market value: $18,822.65
Increase in shares to be sold: 123 shares
+2 more
5 metrics
Common shares to be sold
4,889 shares
Approximate sale date: September 23, 2026
Aggregate market value
$18,822.65
For the 4,889 common shares to be sold
Increase in shares to be sold
123 shares
Amendment to the prior notice
Common shares sold during the past three months
5,633 shares
Sold August 21, 2026
Gross proceeds
$21,686.73
Sale of 5,633 common shares on August 21, 2026
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"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why was the TTGT Form 144 notice amended?
The amendment increased the amount to be sold by 123 shares. The remarks say the original notice underestimated the share count after a lower-than-expected execution price in the tax-withholding sell-to-cover transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.