TechTarget (TTGT) VP/GC Charles Rennick Sells 3,388 Shares

What Happened

• Charles D. Rennick, Vice President, General Counsel and Corporate Secretary of TechTarget (TTGT), sold 3,388 shares on August 21, 2026 at an average price of about $3.85 per share, generating approximately $13,044 in proceeds. The filing reports this as a sale (code S).

Key Details

• Transaction date: August 21, 2026; Form 4 filed: August 25, 2026 (timely).
• Price: average reported $3.85 per share (individual trades ranged $3.85–$3.86).
• Shares sold: 3,388; proceeds ≈ $13,044.
• Shares owned after transaction: 35,753 (corrects a prior Form 4 scrivener's error).
• Footnotes: The sale was a "sell to cover" to satisfy tax withholding on RSUs that vested (previously reported on a Form 4 filed August 17, 2026) and was not a discretionary sale by the reporting person. The reporter can provide a breakdown of shares sold at each price on request.

Context

• "Sell to cover" transactions are routine tax-withholding sales when restricted stock units vest and do not necessarily indicate a change in the insider's view of the company. This was not a 10b5-1 purchase or an exercise; it was a tax-withholding sale tied to vested RSUs.