TechTarget officer proposes sale of 2,737 shares
The stated purpose is to cover withholding taxes arising from settlement of vested Restricted Stock Units.
Rhea-AI Filing Summary
TechTarget, Inc. officer William Thomas Morelli reported a proposed sale of 2,737 common shares, with an aggregate market value of $10,537.45 and an approximate sale date of September 23, 2026. The stated purpose is to cover withholding taxes due in connection with settlement of vested Restricted Stock Units. E*TRADE Securities LLC is listed as broker, and the notice reports 11,097 shares acquired through an RSU vest on September 22, 2026.
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Key Figures
Proposed sale: 2,737 common shares
Aggregate market value: $10,537.45
Shares acquired through RSU vest: 11,097 shares
+1 more
4 metrics
Proposed sale
2,737 common shares
William Thomas Morelli's notice
Aggregate market value
$10,537.45
Proposed sale
Shares acquired through RSU vest
11,097 shares
September 22, 2026
Shares outstanding
72,606,498 shares
Issuer information
Key Terms
Restricted Stock Units, withholding taxes, Rule 144
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.
withholding taxes financial
"sold to cover withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
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.
What sale did TechTarget (TTGT) officer William Thomas Morelli report?
He reported a proposed sale of 2,737 common shares, with an aggregate market value of $10,537.45.
AI-generated analysis. How Rhea-AI works. Not financial advice.