Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-15

TechTarget (TTGT)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,265,629
Gary Nugent total, FY2025
14th
CEO pay percentile vs peers
11.36:1
CEO-to-median pay ratio
97.08%
Say-on-pay support, latest vote
Companies that benchmark against TTGT
9 companies name TTGT as a compensation peer

Each company listed discloses TTGT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named TTGT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Gary Nugent$562,500$0$703,129$0$0$0$0$1,265,629
Chief Executive Officer
Steven Niemiec400,0000400,00700015,000815,007
Chief Revenue Officer
Rebecca Kitchens769,308000003,000772,308
Former President - Informa TechTarget & General Manager - Brand to Demand
Daniel Noreck330,0000330,00000015,000675,000
Chief Financial Officer and Treasurer
William Morelli304,5000228,3760000532,876
President & General Manager - Intelligence & Advisory
Don Hawk494,583000003,000497,583
Former Executive Director, Product Innovation
Charles Rennick258,5000193,8770003,000455,377
Vice President, General Counsel, and Corporate Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Gary Nugent$1,265,629$871,293+394,336
Steven Niemiec815,0075,335,940−4,520,933
Rebecca Kitchens772,3085,257,740−4,485,432
Daniel Noreck675,0002,074,650−1,399,650
William Morelli532,876
Don Hawk497,5831,253,030−755,447
Charles Rennick455,377

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Steven NiemiecChief Revenue Officer2026-05-22D20,000$5$95,000CommonForm 4 ↗
Steven NiemiecChief Revenue Officer2026-05-29D62952,988CommonForm 4 ↗
Steven NiemiecChief Revenue Officer2026-05-29D19,321591,775CommonForm 4 ↗
David FlaschenDirector2026-06-11A5,00000Derivative, Class A CommonForm 4 ↗
M. Sean GriffeyDirector2026-06-11A5,00000Derivative, Class A CommonForm 4 ↗
Perfecto SanchezDirector2026-06-11A5,00000Derivative, Class A CommonForm 4 ↗
Christina Van HoutenDirector2026-06-11A5,00000Derivative, Class A CommonForm 4 ↗
Don HawkDirector2026-06-11A5,00000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Gary NugentRSU2025-09-22102,497$703,129
Daniel NoreckRSU2025-09-2248,105330,000
William MorelliRSU2025-09-2233,291228,376
Charles RennickRSU2025-09-2228,262193,877
Steven NiemiecRSU2025-09-2258,310400,007
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Gary Nugent$703,129$0$00.0%
Daniel Noreck330,000000.0%
William Morelli228,376000.0%
Charles Rennick193,877000.0%
Steven Niemiec400,007000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Daniel NoreckRSU48,105$330,000
Daniel NoreckRSU37,749203,845
Charles RennickRSU28,262152,615
Gary NugentRSU102,497703,129
Steven NiemiecRSU94,374509,620
Steven NiemiecRSU58,310400,007
Steven NiemiecPSU400,0001,080,000
William MorelliRSU33,291179,771
Charles RennickRSU15,72884,931
Daniel NoreckPSU330,000891,000
Gary NugentPSU562,500843,750
05

Incentive-plan design — the Compensation Discussion & Analysis

The primary objectives of our Compensation Committee and our Board with respect to executive compensation are to continue to attract, retain, and motivate high-performing executives, align executive incentives to support both immediate corporate goals and long-term strategic objectives, and motivate and reward above-expected performance by linking executive compensation to business objective achievement.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1159,205,8141,783,709297,15397.08%Passed
20252025-07-2459,585,6334,863,9223,27292.45%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1197.08%a
20252025-07-2492.45%b

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as votes cast and accordingly, will have no effect on the outcome of this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as votes cast and accordingly, will have no effect on the outcome of this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)11.36 : 1
CEO total compensation$1,265,629
Median employee compensation$111,374
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mary McDowellIndependent · Nominating/Governance (Chair) · Not standing for re-election · Departed during FY$100,000$150,005$0$0$250,005
Christina Van HoutenIndependent · Audit (Chair) · Compensation · Nominating/Governance60,50343,50000104,003
David FlaschenIndependent · Audit · Compensation (Chair)52,50643,5000096,006
Perfecto SanchezIndependent · Audit · Nominating/Governance47,50543,5000091,005
M. Sean GriffeyNot independent30,50443,5000074,004
Don HawkNot independent26,00443,5000069,504
Patrick MartellNot independent · Board Chair · Partial-year service000000
Sally AshfordIndependent · Compensation · Nominating/Governance (Chair) · Partial-year service000000
Gary NugentEmployee director00000
Stephen A. CarterIndependent · Compensation000000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)10,000 / 5,000 / 5,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$100,000
Equity awards (grant-date value)$367,027
All other compensation$0
Total cost of the board$467,027

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies TechTarget names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including TechTarget.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1DoubleVerify2025Mark Zagorski$670,000$10,323,721$0$797,300$11,814,232
2Ziff Davis2025Vivek Shah1,000,00010,078,0780656,00011,767,948
3LiveRamp2025Scott Howe690,0008,039,0470830,3469,582,835
4Integral Ad Science Holding2024Lisa Utzschneider525,0008,476,7680528,4139,564,149
5PubMatic2025Rajeev Goel622,0004,533,6023,259,374655,6809,070,656
6SEMrush Holdings2024Oleg Shchegolev07,999,992008,000,762
7Magnite2025Michael Barrett650,0003,601,632927,883629,4605,842,620
8Cardlytics2025Amit Gupta550,0023,996,0000166,1005,030,252
9Hackett Group2025Ted A. Fernandez900,000334,6880393,7501,628,438
10TechTarget2025Gary Nugent562,500703,129001,265,629
ZoomInfo Technologiesnot in coverage universe
Forrester Researchnot in coverage universe
Emerald Holdingnot in coverage universe
Comscorenot in coverage universe
Fluentnot in coverage universe
ON24not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
TechTargetnot disclosedRSU 100not disclosednot disclosed
Cardlytics30%not disclosedNoMeridian Compensation Partners
Comscorenot disclosednot disclosednot disclosednot disclosed
DoubleVerify119%PSU 50 · RSU 50Yes — Relative TSRCompensia, Inc.
Emerald Holdingnot disclosednot disclosednot disclosednot disclosed
Fluentnot disclosednot disclosednot disclosednot disclosed
Forrester Researchnot disclosednot disclosednot disclosednot disclosed
Hackett Groupnot disclosedRSU 100not disclosedPayGovernance
Integral Ad Science Holding91.5%PSU 100NoCompensation Advisory Partners LLC
LiveRamp109.4%PSU 60 · RSU 40Yes — Relative TSR vs Russell 2000Compensia, Inc.
Magnite100.38%PSU 50 · RSU 30 · Options 20Yes — TSR performance relative to the Russell 2000 indexSemler Brossy Consulting Group, LLC
ON2479.3%not disclosedNoCompensia
PubMatic97.6%RSU 75 · Options 25not disclosedFrederic W. Cook & Co., Inc.
SEMrush Holdingsnot disclosedRSU 50 · PSU 50NoCompensia, Inc.
Ziff Davis52.1%RSU 50 · PSU 50Yes — Relative TSRCompensia
ZoomInfo Technologiesnot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Gary NugentDEF 14A2026-04-280001193125-26-187238Section “Summary Compensation Table” · page 20. As printed: 1,265,629. Filing ↗machine: t30 · r2 · c20 · span 667500–667509
2Section 01, Steven NiemiecDEF 14A2026-04-280001193125-26-187238Section “Summary Compensation Table” · page 20. As printed: 815,007. Filing ↗machine: t30 · r8 · c20 · span 716460–716467
3Section 01, Rebecca KitchensDEF 14A2026-04-280001193125-26-187238Section “Summary Compensation Table” · page 20. As printed: 772,308. Filing ↗machine: t30 · r17 · c20 · span 790092–790099
4Section 01, Daniel NoreckDEF 14A2026-04-280001193125-26-187238Section “Summary Compensation Table” · page 20. As printed: 675,000. Filing ↗machine: t30 · r5 · c20 · span 692131–692138
5Section 01, William MorelliDEF 14A2026-04-280001193125-26-187238Section “Summary Compensation Table” · page 20. As printed: 532,876. Filing ↗machine: t30 · r11 · c20 · span 740784–740791
6Section 01, Don HawkDEF 14A2026-04-280001193125-26-187238Section “Summary Compensation Table” · page 20. As printed: 497,583. Filing ↗machine: t30 · r20 · c20 · span 814433–814440
7Section 01, Charles RennickDEF 14A2026-04-280001193125-26-187238Section “Summary Compensation Table” · page 20. As printed: 455,377. Filing ↗machine: t30 · r14 · c20 · span 765751–765758
8Section 03, Gary Nugent RSUDEF 14A2026-04-280001193125-26-187238Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t32 · r3 · c16 · span 863568–863575
9Section 03, Daniel Noreck RSUDEF 14A2026-04-280001193125-26-187238Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t32 · r5 · c16 · span 879034–879040
10Section 03, William Morelli RSUDEF 14A2026-04-280001193125-26-187238Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t32 · r9 · c16 · span 909319–909325
11Section 03, Charles Rennick RSUDEF 14A2026-04-280001193125-26-187238Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t32 · r11 · c16 · span 924140–924146
12Section 03, Steven Niemiec RSUDEF 14A2026-04-280001193125-26-187238Section “Grants of Plan-Based Awards for 2025” · grants of plan-based awards table. Filing ↗machine: t32 · r7 · c16 · span 893850–893856
13Section 07, pay ratioDEF 14A2026-04-280001193125-26-187238Section “CEO Pay Ratio”. As printed: 11.36 : 1. Filing ↗
14Section 08, Mary McDowellDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 250,005. Filing ↗machine: t23 · r7 · c15 · span 510037–510044
15Section 08, Christina Van HoutenDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 104,003. Filing ↗machine: r10 · c15 · span 528877–528884
16Section 08, David FlaschenDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 96,006. Filing ↗machine: t23 · r4 · c15 · span 491210–491216
17Section 08, Perfecto SanchezDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 91,005. Filing ↗machine: t23 · r9 · c15 · span 522593–522599
18Section 08, M. Sean GriffeyDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 74,004. Filing ↗machine: t23 · r5 · c15 · span 497486–497492
19Section 08, Don HawkDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 69,504. Filing ↗machine: t23 · r6 · c15 · span 503758–503764
20Section 08, Patrick MartellDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Sally AshfordDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 0. Filing ↗machine: t23 · r2 · c11 · span 476989–476990
22Section 08, Gary NugentDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 0. Filing ↗machine: t23 · r8 · c11 · span 514654–514655
23Section 08, Stephen A. CarterDEF 14A2026-04-280001193125-26-187238Section “Director Compensation”. As printed: 0. Filing ↗machine: t23 · r3 · c11 · span 483273–483274
24Section 02, Steven Niemiec 2026-05-22Form 42026-05-270001193125-26-242161Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Steven Niemiec 2026-05-29Form 42026-06-020001193125-26-253907Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Steven Niemiec 2026-05-29Form 42026-06-020001193125-26-253907Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, David Flaschen 2026-06-11Form 42026-06-150001193125-26-271327Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, M. Sean Griffey 2026-06-11Form 42026-06-150001193125-26-271330Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Perfecto Sanchez 2026-06-11Form 42026-06-150001193125-26-271328Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Christina Van Houten 2026-06-11Form 42026-06-150001193125-26-271329Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Don Hawk 2026-06-11Form 42026-06-150001193125-26-271331Insider equity transaction reported since the proxy statement. Filing ↗
32Section 06, 2026 voteForm 8-K2026-06-150001193125-26-271292Item 5.07 · say-on-pay result. As reported: 97.08% (votes for as printed: 59,205,814). Filing ↗
33Section 06, 2025 voteForm 8-K2025-07-280000950170-25-099204Item 5.07 · say-on-pay result. As reported: 92.45% (votes for as printed: 59,585,633). Filing ↗
34Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
35Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
36Section 09b board cost (computed)ComputedcomputedCash 100,000 + equity 367,027 + all other 0 = 467,027, summed across the director compensation table rows.machine: formula: Σ = 467,027
37DoubleVerify, Section 10b CEO totalDEF 14A2026-04-070001104659-26-040372CEO total compensation as printed in DoubleVerify's own proxy. As printed: 11,814,232. Filing ↗machine: r1 · c48 · span 753872–753882
38Ziff Davis, Section 10b CEO totalDEF 14A2026-03-260001084048-26-000016CEO total compensation as printed in Ziff Davis's own proxy. As printed: 11,767,948. Filing ↗machine: r2 · c24 · span 634468–634478
39LiveRamp, Section 10b CEO totalDEF 14A2025-06-270001104659-25-063301CEO total compensation as printed in LiveRamp's own proxy. As printed: 9,582,835. Filing ↗machine: span 967320–967329
40Integral Ad Science Holding, Section 10b CEO totalDEF 14A2025-03-280001842718-25-000029CEO total compensation as printed in Integral Ad Science Holding's own proxy. As printed: 9,564,149. Filing ↗machine: t20 · r2 · c30 · span 383230–383239
41PubMatic, Section 10b CEO totalDEF 14A2026-04-150001140361-26-014825CEO total compensation as printed in PubMatic's own proxy. As printed: 9,070,656. Filing ↗machine: r5 · c22 · span 802324–802333
42SEMrush Holdings, Section 10b CEO totalDEF 14A2025-04-170001628280-25-018235CEO total compensation as printed in SEMrush Holdings's own proxy. As printed: 8,000,762. Filing ↗machine: t192 · r3 · c8 · span 780216–780225
43Magnite, Section 10b CEO totalDEF 14A2026-04-210001999371-26-008635CEO total compensation as printed in Magnite's own proxy. As printed: 5,842,620. Filing ↗machine: r2 · c8 · span 419913–419922
44Cardlytics, Section 10b CEO totalDEF 14A2026-04-090001628280-26-024446CEO total compensation as printed in Cardlytics's own proxy. As printed: 5,030,252. Filing ↗machine: span 289415–289424
45Hackett Group, Section 10b CEO totalDEF 14A2026-03-200001193125-26-117620CEO total compensation as printed in Hackett Group's own proxy. As printed: 1,628,438. Filing ↗machine: t4 · r2 · c17 · span 411851–411860
46TechTarget (subject), Section 10b CEO totalDEF 14A2026-04-280001193125-26-187238CEO total compensation as printed in TechTarget's own proxy. As printed: 1,265,629. Filing ↗machine: t30 · r2 · c20 · span 667500–667509
47Section 10a, Ziff Davis reciprocityDEF 14A0001084048-26-000016Ziff Davis's most recent proxy was read; its disclosed peer group does not include TechTarget. Filing ↗
48Section 10a, ZoomInfo Technologies reciprocityDEF 14A0001794515-26-000020ZoomInfo Technologies's most recent proxy was read; its disclosed peer group does not include TechTarget. Filing ↗
49Section 10a, LiveRamp reciprocityDEF 14A0001104659-25-063301LiveRamp's most recent proxy was read; its disclosed peer group does not include TechTarget. Filing ↗
50Section 10a, DoubleVerify reciprocityDEF 14A0001104659-26-040372DoubleVerify's most recent proxy was read; its disclosed peer group does not include TechTarget. Filing ↗
51Section 10a, Magnite reciprocityDEF 14A0001999371-26-008635Magnite names TechTarget in its own disclosed peer group (read from its most recent proxy). Filing ↗
52Section 10a, Integral Ad Science Holding reciprocityDEF 14A0001842718-25-000029Integral Ad Science Holding names TechTarget in its own disclosed peer group (read from its most recent proxy). Filing ↗
53Section 10a, SEMrush Holdings reciprocityDEF 14A0001628280-25-018235SEMrush Holdings's most recent proxy was read; its disclosed peer group does not include TechTarget. Filing ↗
54Section 10a, PubMatic reciprocityDEF 14A0001140361-26-014825PubMatic names TechTarget in its own disclosed peer group (read from its most recent proxy). Filing ↗