[Form 4] TechTarget, Inc. Insider Trading Activity
Rhea-AI Filing Summary
TechTarget (TTGT) director Christina Van Houten received 2,417 shares of common stock on 08/14/2025 as non-cash compensation under the TechTarget, Inc. 2024 Incentive Plan. The shares represent meeting fees for the first six months of 2025 and were issued by dividing the cash compensation due by the Nasdaq closing price on 08/14/2025, resulting in an issuance price noted as $6 per share on the form. After the issuance, Van Houten beneficially owns 29,035 shares. The filing is a Form 4 reporting a director-level, single-person filing and was signed via attorney-in-fact Charles D. Rennick on 08/15/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director received equity in lieu of cash fees, modestly increasing alignment with shareholders.
The Form 4 documents a routine, non-derivative equity grant to a non-employee director under the company’s 2024 Incentive Plan. Issuance of 2,417 shares for meeting fees is a common practice to conserve cash and align directors with shareholder interests. The post-transaction holding of 29,035 shares is modest relative to typical director equity stakes and does not indicate a substantive shift in control or major dilution. No derivative transactions, sales, or unusual pricing mechanics beyond the stated price calculation are disclosed.
TL;DR: Filing is timely and conforms to Section 16 disclosure of an issuer-issued compensation grant.
The Form 4 identifies the reporting person as a director and shows an acquisition code consistent with issuer grant. The explanatory note clarifies the mechanical computation method for shares issued. The form is signed by an attorney-in-fact and includes the transaction and filing dates, meeting standard reporting requirements. There are no indications of trades by the director or any Rule 10b5-1 plan reference on this filing.