STOCK TITAN

TechTarget CRO sells 21K shares to cover taxes

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

TechTarget, Inc. (TTGT) reported that Chief Revenue Officer Steven Niemiec sold 21,427 shares of common stock on August 28, 2026. The transaction was a non-discretionary "sell to cover" to satisfy withholding taxes upon settlement of previously reported restricted stock units. After this tax-related sale, Niemiec holds 127,388 shares of TechTarget common stock directly.

Positive

  • None.

Negative

  • None.
Insider Niemiec Steven
Role Chief Revenue Officer
Sold 21,427 shs ($82K)
Type Security Shares Price Value
Sale Common Stock F1, F2 21,427 $3.8496 $82K
Holdings After Transaction: Common Stock — 127,388 shares (Direct)
Footnotes (2)
  1. F1. Reflects a "sell to cover" transaction to cover withholding taxes due in connection with the Company's delivery to the Reporting Person of shares in settlement of restricted stock units, the vesting of which was previously reported on a Form 4 filed August 17, 2026. This "sell to cover" transaction in order to satisfy tax obligations does not represent a discretionary transaction by the Reporting Person.
  2. F2. 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 $3.8101 to $3.85. 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.
Shares sold 21,427 shares of Common Stock Sale on August 28, 2026 by Chief Revenue Officer Steven Niemiec
Average sale price $3.8496 per share Weighted average price for aggregated sales on August 28, 2026
Price range $3.8101 to $3.85 per share Range of prices for the aggregated sale transactions
Shares held after transaction 127,388 shares Direct ownership by Steven Niemiec following the August 28, 2026 sale
sell to cover financial
"Reflects a "sell to cover" transaction to cover withholding taxes"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
withholding taxes financial
"transaction to cover withholding taxes due in connection with the"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
restricted stock units financial
"delivery to the Reporting Person of shares in settlement of restricted stock units"
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.

FAQ

What insider transaction did TechTarget (TTGT) report for Steven Niemiec?

TechTarget reported that Chief Revenue Officer Steven Niemiec sold 21,427 shares of common stock on August 28, 2026 in a non-discretionary "sell to cover" transaction related to tax withholding on vested restricted stock units.

How many TechTarget (TTGT) shares did Steven Niemiec sell and at what price?

Steven Niemiec sold 21,427 TechTarget shares at an average price of $3.8496 per share. The filing states that individual trade prices in this aggregated line ranged from $3.8101 to $3.85 per share.

How many TechTarget (TTGT) shares does Steven Niemiec hold after this transaction?

After the August 28, 2026 sale, Steven Niemiec directly holds 127,388 shares of TechTarget common stock. This figure is reported as the total shares beneficially owned following the transaction.

What was the purpose of Steven Niemiec’s TechTarget (TTGT) share sale?

The sale was a "sell to cover" transaction to cover withholding taxes due when TechTarget delivered shares to Steven Niemiec upon settlement of previously vested restricted stock units. The filing states this did not represent a discretionary trade by Niemiec.

Was Steven Niemiec’s TechTarget (TTGT) sale under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not marked, and a footnote describes the trade as a tax-related "sell to cover" transaction, not a discretionary sale under a pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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 MASSACHUSETTS 02466

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TechTarget, Inc. [ TTGT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/28/2026(1)S21,427D$3.8496(2)127,388D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects a "sell to cover" transaction to cover withholding taxes due in connection with the Company's delivery to the Reporting Person of shares in settlement of restricted stock units, the vesting of which was previously reported on a Form 4 filed August 17, 2026. This "sell to cover" transaction in order to satisfy tax obligations does not represent a discretionary transaction by the Reporting Person.
2. 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 $3.8101 to $3.85. 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.
/s/ Charles D. Rennick, Attorney-in-Fact09/01/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)