TechTarget CFO sells 4,889 shares to cover taxes
The CFO's tax-related sale followed an RSU settlement, with 32,070 RSUs reported after the settlement.
Sentiment and the balance of points
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Rhea-AI Filing Summary
TechTarget, Inc. Chief Financial Officer Daniel T. Noreck settled 16,035 restricted stock units into common shares on September 22, 2026. On September 23, 2026, he sold 4,889 shares at an average price of $3.74 per share in a “sell to cover” transaction for withholding taxes; the filing states this was not discretionary. The reported post-settlement position was 32,070 RSUs. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3, F4 | 4,889 | $3.74 | $18K |
| Exercise | Restricted Stock Units F1, F2, F5 | 16,035 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 16,035 | -- | -- |
Footnotes (5)
- 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. Reflects a "sell to cover" transaction to cover withholding taxes due in connection with Informa TechTarget's delivery to the Reporting Person of shares in settlement of restricted stock units. This "sell to cover" transaction in order to satisfy tax obligations does not represent a discretionary transaction by the Reporting Person.
- F4. The price reflected is the average price per share for the transactions that are aggregated and reported on the line. Shares ranged in price from $3.74 to $3.77. The Reporting Person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares purchased or sold at each separate price.
- F5. This award was granted on September 22, 2025. One-third of the RSUs subject to the award vested on September 22, 2026, and one-third of the RSUs are scheduled to vest on each of September 22, 2027 and September 22, 2028. 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
Key Terms
Restricted Stock Units financial
sell to cover financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did TTGT's CFO settle, and what was his reported position afterward?
When are the remaining TTGT RSUs scheduled to vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.