TechTarget President William Morelli Receives 63,219 RSU Award

What Happened

William Morelli, President of TechTarget, Inc. (TTGT), was granted 63,219 restricted stock units (RSUs) on August 17, 2026. The award is reported as a derivative acquisition (transaction code A) at $0.00 per unit, meaning no cash was paid for the RSUs. Each RSU represents a contingent right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-08-17; Grant reported at $0.00 per RSU (derivative award).
• Amount: 63,219 RSUs granted.
• Shares owned after transaction: Not specified in the provided filing.
• Vesting terms (from filing footnotes): RSUs vest in equal tranches — one-third per year on each anniversary of the grant date; vested shares will be delivered on the applicable vesting dates.
• Filing timeliness: Reported with the period/date of the transaction (no late filing indicated).

Context

This was a grant of restricted stock units (an award), not an open-market purchase or sale. RSU grants compensate executives and vest over time; they do not provide immediate stock sales or cash unless and until vested shares are delivered and sold. Grants are common for retention and compensation and are factual disclosures rather than signals of near-term buying or selling.