TechTarget (TTGT) CEO Gary Nugent Receives RSU Award 187,746

What Happened

• Gary Nugent, CEO of TechTarget, received a grant of 187,746 restricted stock units (RSUs) on 2026-08-24. The transaction is reported as an award/grant (code A) with a reported acquisition price of $0.00; the RSUs are derivative rights to receive common stock upon vesting rather than an immediate cash purchase or sale.

Key Details

• Transaction date: 2026-08-24; Form 4 filed 2026-08-25 (timely — within required reporting window).
• Amount: 187,746 RSUs; reported price $0.00 (typical for RSU grants).
• Vesting: RSUs vest in equal tranches — one-third per year on each anniversary of the grant date (per footnote).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 — each RSU represents a contingent right to one share upon vesting; F2 — vesting schedule is one-third per year with delivery upon each vesting tranche.
• Nature: This is a compensation/retention award (derivative grant), not an open-market purchase or sale.

Context

• RSU grants give executives the right to receive shares in the future if vesting conditions are met; they do not represent immediate tradable stock until shares are delivered. Such awards are common as part of long-term incentive pay and should be viewed as compensation-related rather than a direct purchase signal.