4Filed Aug 16, 8:00 PM ET

TechTarget (TTGT) CFO Daniel Noreck Receives 18,875 Shares

$TTGT · TechTarget, Inc.

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TechTarget (TTGT) CFO Daniel Noreck Receives 18,875 Shares

What Happened
Daniel T. Noreck, Chief Financial Officer of TechTarget, reported the vesting and settlement of 18,875 restricted stock units (RSUs) into common shares on August 13, 2026. The filing shows 18,875 shares acquired via conversion of the derivative (RSU settlement) and a simultaneous reported disposition of 18,875 shares at $0.00. No cash sale value is reported for the disposition line.

Key Details

  • Transaction date: August 13, 2026; Form 4 filed August 17, 2026. Filing appears to be later than the standard 2-business-day Form 4 window.
  • Acquired: 18,875 shares (RSU settlement). Disposed: 18,875 shares at $0.00 (reported as derivative disposition).
  • Price reported: Acquired entry = N/A; Disposed entry = $0.00 (no proceeds shown).
  • Shares owned after transaction: not specified in the filing summary provided.
  • Relevant footnotes from the filing:
    • F1/F2: The transaction represents settlement of RSUs; each RSU converts to one share upon vesting.
    • F3: Reporting of holdings includes 719 shares acquired through the 2024 Employee Stock Purchase Plan.
    • F4: The award was granted Aug 13, 2024, with one‑third of the RSUs vesting on Aug 13, 2025 and Aug 13, 2026, and the final third scheduled to vest Aug 13, 2027.

Context

  • This was an RSU vesting/settlement event (an award converting into shares), not an open‑market purchase or sell driven by trading choice.
  • The matching disposition recorded at $0.00 typically reflects shares withheld or net‑settled in connection with RSU vesting (commonly used to satisfy tax-withholding or administrative obligations), though the filing does not spell out the exact withholding mechanism.
  • Such award settlements are routine compensation events and do not by themselves indicate the insider’s view on company prospects.