[Form 4] TechTarget, Inc. Insider Trading Activity
TechTarget director Sanchez Perfecto received 2,084 shares of common stock on 08/14/2025 at a $6.00 per-share price as reported on Form 4. The shares were issued under the TechTarget, Inc. 2024 Incentive Plan pursuant to the 2025 Non-Employee Director Compensation Plan and represent meeting fees for the first six months of 2025, with the share count determined by dividing payable compensation by the closing price on August 14, 2025. Following the issuance, the reporting person beneficially owned 10,980 shares. The filing was signed by attorney-in-fact Charles D. Rennick on 08/15/2025.
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Insights
TL;DR: Routine director compensation converted to equity; standard disclosure increases alignment with shareholders.
The Form 4 documents a non-employee director receiving equity as part of a structured compensation plan. Issuance under the 2024 Incentive Plan for meeting fees is a commonly used practice to align director incentives with shareholder interests while conserving cash. The filing is timely and includes beneficial ownership post-transaction, which preserves transparency about insider holdings. There is no indication of sales, pledges, or other derivative transactions in this filing.
TL;DR: Modest equity grant to a director; immaterial in scale relative to typical public-company share counts.
The transaction shows an acquisition of 2,084 shares at $6.00 under an established incentive plan to satisfy director meeting fees. The disclosure provides clear pricing and calculation method tied to the closing price. For investors, this is a routine insider purchase from compensation rather than open-market buying, and the filing does not signal changes to compensation policy or control structure.