TTGT Form 4: 48,105 Restricted Stock Units Awarded to CFO
Rhea-AI Filing Summary
TechTarget, Inc. (TTGT) Form 4 shows that Daniel T. Noreck, the company's Chief Financial Officer, was granted 48,105 restricted stock units (RSUs) on 09/22/2025. Each RSU represents a contingent right to receive one share of common stock upon vesting; the award vests in equal tranches of one-third per year on each anniversary of the grant date. The reported grant has an exercise/price of $0, and following the transaction the reporting person is recorded as beneficially owning 48,105 shares (direct). The filing was signed by an attorney-in-fact on 09/24/2025.
Positive
- 48,105 RSUs granted on 09/22/2025 to reporting person
- Vesting schedule disclosed: one-third per year on each anniversary of the grant date
- Reported beneficial ownership: 48,105 shares (direct) following the grant
Negative
- None.
Insights
TL;DR: Routine executive equity grant of 48,105 RSUs to CFO; timing and vesting disclosed, limited near-term share dilution.
The Form 4 documents a standard equity compensation award: 48,105 RSUs granted 09/22/2025, each converting to one share upon vesting. Vesting is in three equal annual tranches, which spreads potential dilution over three years rather than immediate issuance. The grant price is shown as $0, consistent with typical restricted unit awards that convert to shares without cash exercise. No sale or disposition is reported. From an analytical standpoint, this is a routine disclosure without immediate impact on reported operating results or cash flows.
TL;DR: Governance disclosure is complete for the award: recipient, grant size, vesting schedule, and beneficial ownership are clearly reported.
The filing identifies the reporting person as the Chief Financial Officer and supplies the material terms: grant date (09/22/2025), total units (48,105 RSUs), vesting schedule (one-third per year), and post-transaction beneficial ownership (48,105 shares, direct). The signature by an attorney-in-fact on 09/24/2025 is properly included. This Form 4 meets Section 16(a) reporting requirements for an insider equity grant and provides shareholders transparent disclosure of executive compensation timing and magnitude.