TechTarget (TTGT) CRO Steven Niemiec Receives RSU Award

What Happened
Steven Niemiec, Chief Revenue Officer of TechTarget, received a grant of 106,807 restricted stock units (RSUs) on August 24, 2026. The Form 4 shows the award as an acquisition at $0.00 (derivative instrument); no cash was paid at grant. Each RSU is a contingent right to one share upon vesting, so these are not immediately tradable shares.

Key Details

• Transaction date: 2026-08-24; filing date: 2026-08-25 (timely).
• Grant: 106,807 RSUs; reported acquisition price $0.00 (award/derivative).
• Shares owned after transaction: not disclosed in this Form 4.
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — RSUs vest in three equal annual tranches (one‑third per year on each anniversary of the grant). Vested shares will be delivered on each applicable vesting date.
• Filing timeliness: filed one day after the transaction (appears timely).

Context
RSU awards are a form of equity compensation and do not represent an immediate market purchase or sale. Because vesting is spread over three years, the economic exposure to the company is realized gradually as units convert to shares (and may be subject to tax withholding at vesting). Such grants are common for executives and are primarily compensation-related rather than a direct signal of buying or selling interest.