Niemiec Steven 4

What Happened

• Steven Niemiec, Chief Revenue Officer at TechTarget, reported two open-market sales totaling 19,950 shares (19,321 + 629) at $4.75 per share. The sales generated roughly $91,775 on May 29 and $2,988 on June 1, for a combined proceeds of about $94,763. These were outright sales (code S), which are generally routine cashing-out transactions rather than purchases that might signal increased insider confidence.

Key Details

• Transaction dates and prices:
  • May 29, 2026 — 19,321 shares sold at $4.75 ($91,775)
  • June 1, 2026 — 629 shares sold at $4.75 ($2,988)
• Total shares sold: 19,950; total proceeds: approximately $94,763.
• Shares owned after the transactions: not specified in the summary data — see the SEC Form 4 for post-transaction holdings.
• Footnotes/plan status: no 10b5-1 plan, tax-withholding, or other footnotes provided in the information supplied here.
• Filing timeliness: Form filed June 2, 2026; this appears to be timely (filed within the standard two-business-day window for the May 29 trade and within one business day for the June 1 trade).

Context

• These were sales (code S). Sales by executives can be routine (liquidity needs, diversification, scheduled plans) and do not by themselves indicate a change in the company's outlook. Retail investors who track insider activity should check the full Form 4 for post-transaction holdings and any footnotes, and consider this sale alongside other insider trades and company fundamentals.