4Filed Aug 16, 8:00 PM ET

TechTarget (TTGT) VP/GC Charles Rennick Receives RSU Award

AI-generated summary of this SEC filing

Updated Aug 17, 2026

What Happened

Charles D. Rennick, Vice President, General Counsel, and Corporate Secretary of TechTarget, Inc. (TTGT), had restricted stock units (RSUs) settle on their scheduled vesting dates. The filing shows a grant/award acquisition of 60,392 shares on 2026-08-17 (reported as $0.00 per share because these were vested RSUs).
The filing also records conversion/exercise-type derivative activity on 2026-08-13 involving 7,864 shares that were converted and disposed at $0.00. All transactions were reported in the Form 4 filed 2026-08-17.

Key Details

Transaction dates and prices:
- 2026-08-13: conversion/exercise of 7,864 derivative units; disposed at $0.00.
- 2026-08-17: award/grant delivery of 60,392 shares (RSU settlement) at $0.00.
Shares owned after the transaction: not specified in the filing.
Relevant footnotes from the filing:
- F1–F2: These transactions represent settlement of RSUs; each RSU converts to one share on vesting.
- F3: Filing notes 1,582 shares acquired earlier through the company’s 2024 ESPP.
- F4–F5: The RSU award was granted Aug 13, 2024 and vests in three equal annual tranches (one-third vested Aug 13, 2025; one-third vested Aug 13, 2026; final third scheduled Aug 13, 2027).
Timeliness: Form 4 was filed on 2026-08-17 for transactions dated 2026-08-13; this appears timely (filed by the second business day).

Context

These were compensatory RSU vesting events (not open-market purchases). RSU settlements are routine compensation and do not necessarily signal a buy/sell decision by the insider.
The conversion/disposition at $0.00 is commonly how vested units are converted and some shares are immediately surrendered (typically for tax withholding or net settlement). The filing does not explicitly state withholding details, so that is an interpretive note rather than a stated fact.
Rennick is an executive officer (not reported as a 10% owner); this is routine officer compensation rather than institutional trading.