TechTarget CFO granted 99K RSUs, sells 5.6K shares
TechTarget, Inc. (TTGT) reported insider equity activity by its Chief Financial Officer, Daniel T. Noreck.
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Rhea-AI Filing Summary
TechTarget, Inc. (TTGT) reported insider equity activity by its Chief Financial Officer, Daniel T. Noreck. On August 24, 2026, he received a grant of 99,346 Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock, vesting in equal one-third tranches on each anniversary of the grant date. On August 21, 2026, 5,633 shares of common stock were sold at an average price of $3.85 per share in a "sell to cover" transaction to satisfy withholding taxes related to a previously reported RSU vesting, which the company notes was not a discretionary sale. Following the sale, Noreck directly held 85,480 shares of TechTarget common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F3, F4 | 99,346 | $0.00 | $0.00 |
| Sale | Common Stock F1, F2 | 5,633 | $3.85 | $22K |
Footnotes (4)
- 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.
- 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 $3.83 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.
- F3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's Common Stock upon vesting.
- F4. The RSU grant vests in equal tranches, one-third per year on each anniversary of the grant date. 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
withholding taxes financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TechTarget (TTGT) report for Daniel T. Noreck in this Form 4?
How many Restricted Stock Units did the TechTarget (TTGT) CFO receive, and how do they vest?
Does the TechTarget (TTGT) Form 4 indicate use of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.