TechTarget (TTGT) CRO sells 20,000 Common Stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechTarget, Inc. Chief Revenue Officer Steven Niemiec reported an open-market sale of 20,000 shares of Common Stock at $4.75 per share. Following this Form 4 transaction, he directly owns 121,578 shares of TechTarget common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($95,000)
Net Sell
1 txn
Insider
Niemiec Steven
Role
Chief Revenue Officer
Sold
20,000 shs ($95K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $4.75 | $95K |
Holdings After Transaction:
Common Stock — 121,578 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 20,000 shares
Sale price per share: $4.75 per share
Shares owned after transaction: 121,578 shares
3 metrics
Shares sold
20,000 shares
Open-market sale of Common Stock on 2026-05-22
Sale price per share
$4.75 per share
Price for the 20,000-share open-market sale
Shares owned after transaction
121,578 shares
Direct Common Stock holdings following the sale
Key Terms
Common Stock, open-market sale, Form 4, Chief Revenue Officer
4 terms
Common Stock financial
"20,000 shares of Common Stock at $4.75 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"reported the trade on a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Revenue Officer financial
"Chief Revenue Officer Steven Niemiec reported an open-market sale"
A chief revenue officer is a top executive responsible for overseeing all aspects of generating income for a company, including sales, marketing, and customer relationships. They develop strategies to attract and retain customers, much like a coach guiding a team to score more points. Investors pay attention to this role because it directly influences the company's growth and profitability.
FAQ
What insider transaction did TechTarget (TTGT) report on this Form 4?
TechTarget reported that Chief Revenue Officer Steven Niemiec completed an open-market sale of Common Stock. He sold 20,000 shares in a single transaction and reported the trade on a Form 4 insider filing.
What is Steven Niemiec’s role at TechTarget (TTGT) mentioned in the Form 4?
Steven Niemiec is identified as TechTarget’s Chief Revenue Officer. The Form 4 classifies him as an officer, not a director or 10% owner, and reports his direct ownership of Common Stock.
What does transaction code “S” mean in the TechTarget (TTGT) Form 4?
Transaction code “S” on the Form 4 indicates a sale in an open market or private transaction. For TechTarget, it describes Steven Niemiec’s sale of 20,000 Common Stock shares at $4.75 per share.