TechTarget (TTGT) director receives grant of 5,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechTarget, Inc. director Michael Sean Griffey received a grant of stock options as part of his non-employee director compensation. The award covers 5,000 options to buy TechTarget common stock at an exercise price of $3.66 per share. These options become exercisable on June 11, 2027 and expire on June 10, 2036, giving him long-term participation in the company’s potential share price performance. Following this grant, he holds 5,000 stock options directly, with no open-market buying or selling reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Griffey Michael Sean
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 5,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 5,000 options
Exercise price: $3.66 per share
Options outstanding after grant: 5,000 options
+2 more
5 metrics
Options granted
5,000 options
Stock Option (Right to Buy) granted June 11, 2026
Exercise price
$3.66 per share
Conversion/exercise price of stock options
Options outstanding after grant
5,000 options
Total stock options held following transaction
Exercise (vesting) date
June 11, 2027
Date options first become exercisable
Expiration date
June 10, 2036
Date options lapse if unexercised
Key Terms
Stock Option (Right to Buy), 2026 Non-Employee Director Compensation Plan, 2024 Incentive Plan, Grant, award, or other acquisition
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
2026 Non-Employee Director Compensation Plan financial
"granted in accordance with the TechTarget, Inc. 2026 Non-Employee Director Compensation Plan"
2024 Incentive Plan financial
"and the 2024 Incentive Plan and represents a right to purchase 5,000 shares"
Grant, award, or other acquisition regulatory
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did TechTarget (TTGT) director Michael Sean Griffey report in this Form 4?
Michael Sean Griffey reported receiving a grant of stock options covering 5,000 shares of TechTarget common stock. The options were awarded as director compensation and give him the right to buy shares at a fixed exercise price over a long-term period.
How many TechTarget (TTGT) stock options were granted to Michael Sean Griffey?
He was granted 5,000 stock options linked to TechTarget common stock. Each option represents the right to purchase one share, providing potential upside if the market price exceeds the fixed exercise price during the option term.
What is the exercise price of Michael Sean Griffey’s TechTarget (TTGT) stock options?
The options have an exercise price of $3.66 per share. This means he can buy TechTarget common stock at $3.66 once the options are exercisable, regardless of the future market price during the option term.
When do Michael Sean Griffey’s TechTarget (TTGT) stock options vest and expire?
The options become exercisable on June 11, 2027 and expire on June 10, 2036. After the expiration date, any unexercised options will lapse and no longer provide a right to purchase TechTarget shares.