Form 4: TechTarget Director Michael Sean Griffey Acquires Shares Under Incentive Plan

Director Michael Sean Griffey acquired 1,010 shares of TechTarget, Inc. common stock on December 31, 2024, under the company's 2024 Incentive Plan.

Summary

• On December 31, 2024, Michael Sean Griffey, a director of TechTarget, Inc., acquired 1,010 shares of common stock.
• The acquisition was made under the TechTarget, Inc. 2024 Incentive Plan as part of the 2025 Non-Employee Director Compensation Plan.
• The shares were issued in lieu of meeting fees and retainers.
• The price per share was $19.82, based on the closing price of TechTarget, Inc.'s common stock on December 31, 2024.
• Following the transaction, Griffey directly owns 149,258 shares of TechTarget, Inc. common stock.
• Christina G. Van Houten executed a power of attorney appointing Charles D. Rennick and Marissa C. Dube to file forms on her behalf.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director's acquisition of shares can be seen as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The incentive plan aligns director compensation with company performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings of company stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates