[Form 4] TechTarget, Inc. Insider Trading Activity

Rhea-AI Filing Summary

TechTarget, Inc. (TTGT) reported an insider equity grant for Chief Revenue Officer Steven Niemiec on 09/22/2025. The filing shows an award of 58,310 restricted stock units (RSUs), each representing the right to one share of common stock upon vesting. The RSUs vest in three equal annual tranches (one-third per year) and vested shares will be delivered on each applicable tranche date under the award agreement. The Form 4 was signed on 09/24/2025 by an attorney-in-fact.

Insights

Financial Analyst

TL;DR: A routine executive RSU grant of 58,310 shares, structured with three-year vesting; likely compensation alignment, not an immediate dilution event.

The grant increases potential future share issuance but vests over three years, which staggers any dilution. The filing lists 58,310 RSUs granted on 09/22/2025 to the Chief Revenue Officer and shows immediate beneficial ownership of 58,310 RSUs as of the report. No exercise price applies since RSUs convert to common stock upon vesting. This is a standard long-term incentive award and, standing alone, is neutral from an earnings or liquidity perspective.

Corporate Governance Expert

TL;DR: Compensation grant follows common governance practice: time-based RSUs with annual vesting tranches to retain executive.

The disclosure explicitly states each RSU equals one share at vesting and vests one-third per year. The Form 4 identifies the reporting person as an officer (Chief Revenue Officer). The structure suggests retention and alignment with shareholder interests, with delivery upon each vesting tranche per the award agreement. The filing contains no indication of accelerated vesting, related-party transactions, or deviation from standard award terms.

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

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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^*

Niemiec Steven

(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)
	Chief Revenue Officer

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		58,310		(2)	(2)	Common Stock	58,310	$0	58,310	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 TTGT disclose in the Form 4 filed by Steven Niemiec?

The Form 4 reports a grant of 58,310 restricted stock units (RSUs) to Steven Niemiec on 09/22/2025.

How do the 58,310 RSUs vest according to the filing?

The RSUs vest in equal tranches: one-third per year on each anniversary of the grant date; vested shares will be delivered on those dates.

What is the reporting person's role at TechTarget (TTGT)?

The reporting person, Steven Niemiec, is identified as an Officer with the title Chief Revenue Officer.

Does the RSU grant have a purchase price or exercise price?

No purchase or exercise price is reported; the RSUs convert to common stock upon vesting and the filing lists the price as $0 for the underlying shares.

When was the Form 4 signed and filed?

The Form 4 indicates the transaction date 09/22/2025 and was signed by an attorney-in-fact on 09/24/2025.