[Form 4] TechTarget, Inc. Insider Trading Activity

Rhea-AI Filing Summary

William Thomas Morelli, identified as President and an officer of TechTarget, Inc. (TTGT), reported a grant of 33,291 restricted stock units (RSUs) on 09/22/2025. Each RSU represents a contingent right to one share of common stock upon vesting. The grant vests in equal tranches of one-third per year on each anniversary of the grant date; vested shares will be delivered on the applicable vesting dates under the award agreement. Following the reported transaction, the Reporting Person is shown as beneficially owning 33,291 shares (direct). The Form 4 was signed by an attorney-in-fact on 09/24/2025.

Positive

• 33,291 RSU award provides a multi-year retention incentive for the President
• Time-based vesting (one-third per year) aligns the officer's interests with long-term shareholder outcomes
• RSUs convert to common stock upon vesting, clarifying compensation delivery mechanics

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A routine executive equity grant structured for multi-year vesting to align the officer with shareholder interests.

The reported 33,291 RSU award to the President is described as a standard time-based equity grant with vesting in three equal annual tranches. This structure is commonly used to retain executives and link compensation to future service and stock delivery. The filing shows direct beneficial ownership of the awarded RSUs and confirms delivery timing is governed by the officer's award agreement. No other changes to board composition, option exercise, or derivative transactions are disclosed.

Compensation Analyst

TL;DR: The grant is a straightforward restricted stock unit award; vesting schedule indicates retention intent but contains no performance conditions.

The RSU details state each unit converts to one share at vesting and vests one-third per year on each anniversary of the grant date. The filing explicitly notes a $0 price and specifies the number of RSUs and resulting beneficial ownership. Absent additional terms in this Form 4, there is no indication of performance-based vesting or accelerated vesting provisions disclosed here. The disclosure is limited to award size, vesting cadence, and delivery mechanics.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Morelli William Thomas

(Last) (First) (Middle)

C/O TECHTARGET, INC.

275 GROVE STREET

(Street)

NEWTON MA 02466

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TechTarget, Inc. [ TTGT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	09/22/2025		A		33,291		(2)	(2)	Common Stock	33,291	$0	33,291	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of TechTarget, Inc.'s Common Stock upon vesting.

2. The RSU grant vests in equal tranches, one-third per year on each anniversary of the grant date. Vested shares will be delivered to the Reporting Person on the applicable dates as set forth in the Reporting Person's award agreement with respect to each vesting tranche.

	/s/ Charles D. Rennick, Attorney-in-Fact	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did TechTarget (TTGT) report on Form 4 for 09/22/2025?

The Form 4 reports a grant of 33,291 restricted stock units (RSUs) to William Thomas Morelli on 09/22/2025.

Who is the reporting person in the TTGT Form 4 filing?

The reporting person is William Thomas Morelli, listed as President and an officer of TechTarget, Inc.

How do the RSUs vest according to the filing?

The RSU grant vests in equal tranches of one-third per year on each anniversary of the grant date.

How many shares will the RSUs convert into and at what price?

Each RSU represents the right to one share of TechTarget common stock; the filing shows a reported $0 price for the award.

What is the beneficial ownership reported after the transaction?

The Reporting Person is shown as beneficially owning 33,291 shares (direct) following the reported transaction.