Niemiec Steven 4
Research Summary
AI-generated summary
TechTarget (TTGT) CRO Steven Niemiec Sells 20,000 Shares
What Happened
- Steven Niemiec, Chief Revenue Officer of TechTarget, sold 20,000 shares on May 22, 2026. The sale was reported at $4.75 per share for a total proceeds of approximately $95,000. The Form 4 lists the transaction as an open market or private sale (code "S").
Key Details
- Transaction date: 2026-05-22
- Price per share: $4.75
- Shares sold: 20,000
- Total value: ~$95,000
- Shares owned after transaction: Not specified in the provided filing details
- Plan/footnotes: No 10b5-1 plan or special footnotes were provided in the summary supplied
- Timeliness: The Form 4 was filed on 2026-05-27, which is one business day after the typical two-business-day reporting deadline (transactionTimeliness = L), so the filing appears late
Context
- This was a sale, which is often a routine liquidity or diversification action by insiders and does not by itself indicate a change in company fundamentals. No derivative activity, option exercise, gift, or tax-withholding disposition was reported for this transaction in the provided details.