TechTarget (NASDAQ: TTGT) executive receives 47,187 vested shares
Rhea-AI Filing Summary
TechTarget, Inc. executive Steven Niemiec reported the settlement of 47,187 Restricted Stock Units (RSUs) into an equal number of shares of Common Stock on August 13, 2026, corresponding to a scheduled vesting date. Following this RSU conversion, Niemiec directly holds 148,815 shares of TechTarget common stock. The RSUs were originally granted on August 13, 2024, in three equal annual vesting tranches.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 47,187 shares
Net Buy
2 txns
Insider
Niemiec Steven
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 47,187 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 47,187 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 47,187 shares (Direct);
Common Stock — 148,815 shares (Direct)
Footnotes (3)
- F1. This transaction represents the settlement of restricted stock units ("RSUs") in shares of common stock on their scheduled vesting date.
- F2. Each RSU represents a contingent right to receive one share of TechTarget, Inc.'s ("Informa TechTarget") Common Stock upon vesting.
- F3. This award was granted on August 13, 2024. One-third of the RSUs subject to the award vested on each of August 13, 2025 and August 13, 2026, and one-third of the RSUs are scheduled to vest on August 13, 2027. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche.
Key Figures
RSUs settled: 47,187 shares
Common shares received: 47,187 shares
Shares held after transaction: 148,815 shares
+2 more
5 metrics
RSUs settled
47,187 shares
Restricted Stock Units converted into common stock on August 13, 2026
Common shares received
47,187 shares
Common Stock delivered upon RSU vesting and settlement
Shares held after transaction
148,815 shares
Direct ownership of TechTarget common stock following RSU settlement
RSU grant date
August 13, 2024
Original grant date of the RSU award that is vesting in tranches
Final vesting scheduled
August 13, 2027
Date when the remaining one-third of the RSUs are scheduled to vest
Key Terms
Restricted Stock Units, vesting date, contingent right
3 terms
Restricted Stock Units financial
"This transaction represents the settlement of restricted stock units ("RSUs") in shares"
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.
vesting date financial
"settlement of restricted stock units ("RSUs") in shares of common stock on their scheduled vesting date"
contingent right financial
"Each RSU represents a contingent right to receive one share of TechTarget"
FAQ
What transaction did TechTarget (TTGT) executive Steven Niemiec report on this Form 4?
Steven Niemiec reported the settlement of 47,187 RSUs into an equal number of TechTarget common shares on August 13, 2026. This reflects a scheduled vesting of previously granted equity compensation, not an open-market stock purchase or sale.
What was the size of the RSU award involved in Steven Niemiec’s TechTarget (TTGT) Form 4 filing?
The reported transaction involved 47,187 Restricted Stock Units, each representing a contingent right to receive one share of TechTarget common stock upon vesting. These RSUs were granted as part of an equity award issued on August 13, 2024.
Was Steven Niemiec’s TechTarget (TTGT) Form 4 transaction an open-market buy or sell?
No. The Form 4 describes an RSU settlement, where 47,187 RSUs converted into common shares on a scheduled vesting date. It does not report an open-market purchase or sale, and no per-share trading price is disclosed for this event.
What is the vesting schedule of the RSUs in Steven Niemiec’s TechTarget (TTGT) award?
The RSU award was granted on August 13, 2024 and vests in three equal installments: one-third vested on August 13, 2025, one-third on August 13, 2026, and the remaining one-third is scheduled to vest on August 13, 2027, with shares delivered on each date.
AI-generated analysis. How Rhea-AI works. Not financial advice.