4Filed Aug 12, 8:00 PM ET
TechTarget (TTGT) Director Michael Griffey Receives 800-Share Award
$TTGT · TechTarget, Inc.Research Summary
AI-generated summary of this SEC filing
TechTarget (TTGT) Director Michael Griffey Receives 800-Share Award
What Happened
- Michael Sean Griffey, a director of TechTarget, Inc. (TTGT), was granted/acquired 800 shares on 2026-08-11 at an acquisition price of $3.75 per share, for a total value of $3,000. The transaction is reported on Form 4 as an award/grant (transaction code A) rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-08-11, 800 shares @ $3.75 each (total $3,000).
- Transaction type/code: Award/Grant (A).
- Shares owned after transaction: Not specified in the information provided in this summary/Form 4.
- Notable footnote: These shares were issued under the TechTarget, Inc. 2024 Incentive Plan pursuant to the 2026 Non‑Employee Director Compensation Plan and represent meeting fees for the first six months of 2026; the share count was determined by dividing payable compensation by the closing price on August 11, 2026 (see footnote F1).
- Filing timeliness: Form filed 2026-08-13 for a 2026-08-11 transaction; no late filing flag was indicated.
Context
- This was a compensation award to a non-employee director (meeting fees converted into shares), not an open-market purchase or option exercise. Such grants are routine for director pay and do not, by themselves, indicate the director bought or sold stock for investment reasons.