[Form 4] TechTarget, Inc. Insider Trading Activity

Rhea-AI Filing Summary

TechTarget, Inc. (TTGT) Form 4 shows an insider transaction by Steven Niemiec, Chief Revenue Officer, reporting the settlement of restricted stock units (RSUs). On 08/13/2025, 47,187 RSUs vested and were settled into 47,187 shares of common stock, increasing his reported beneficial ownership to 163,056 shares. The award was originally granted on 08/13/2024 with a three-year vesting schedule: one-third vested on 08/13/2025 and the remaining one-third tranches vest on 08/13/2026 and 08/13/2027. The vested shares were delivered at $0 per share as part of the RSU settlement.

Positive

• 47,187 RSUs vested and converted to shares, increasing the reporting person's alignment with shareholders
• Vesting followed the planned schedule from the August 13, 2024 grant, indicating predictable compensation practices

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine executive RSU settlement that modestly increases insider share count; not a material market-moving event.

The filing documents the scheduled vesting and settlement of 47,187 RSUs for the Chief Revenue Officer, converting contingent awards into common stock at no cash exercise price. This is a standard compensation-related issuance under an existing grant and reflects scheduled equity compensation rather than a discretionary sale or purchase. The post-transaction beneficial ownership of 163,056 shares provides modest insider alignment with shareholder interests but does not indicate a change in control, major additional dilution, or a change in compensation policy.

Corporate Governance Expert

TL;DR: Vesting follows the grant schedule; demonstrates expected executive retention mechanics without governance concerns.

The disclosure specifies the grant date and the three-year vesting tranches, with one-third vesting each August 13 through 2027. The transaction code and explanation indicate settlement of granted RSUs rather than a discretionary transaction plan. From a governance perspective, this is consistent with typical long-term incentive structures and poses no apparent compliance or related-party governance issues based on the information provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Niemiec Steven

(Last) (First) (Middle)

C/O TECHTARGET, INC.

275 GROVE STREET

(Street)

NEWTON MA 02466

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TechTarget, Inc. [ TTGT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/13/2025		M		47,187	A	(1)(2)	163,056	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)(2)	08/13/2025		M			47,187	(3)	(3)	Common Stock	47,187	$0	94,374	D

Explanation of Responses:

1. This transaction represents the settlement of restricted stock units ("RSUs") in shares of common stock on their scheduled vesting date.

2. Each RSU represents a contingent right to receive one share of TechTarget, Inc.'s Common Stock upon vesting.

3. This award was granted on August 13, 2024. One-third of the RSUs subject to the award vested on August 13, 2025, and one-third of the RSUs are scheduled to vest on each of August 13, 2026 and 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.

	/s/ Charles D. Rennick, Attorney-in-Fact	08/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Steven Niemiec report on the Form 4 for TTGT?

He reported the settlement of 47,187 RSUs into 47,187 shares of TechTarget common stock on 08/13/2025, bringing his beneficial ownership to 163,056 shares.

Was any cash paid to receive the vested shares in the Form 4 filing?

No. The RSU settlement shows an effective price of $0 per share, consistent with typical RSU settlements.

When were the RSUs originally granted and what is the vesting schedule?

The award was granted on 08/13/2024. One-third vested on 08/13/2025, with remaining tranches scheduled to vest on 08/13/2026 and 08/13/2027.

Does this Form 4 indicate a sale or purchase of shares by the officer?

No. The filing reflects a settlement of RSUs into shares (grant vesting), not a sale or purchase transaction.

Who signed the Form 4 and when was it filed?

The form was signed by Charles D. Rennick, Attorney-in-Fact, on 08/15/2025.