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Semrush CTO Sells $2.4M in Stock
Oleg Shchegolev, the Chief Technology Officer of Semrush, sold 200,000 shares of the company's stock.
Published on Mar. 11, 2026
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Semrush Holdings, Inc. (NASDAQ:SEMR) CTO Oleg Shchegolev sold 200,000 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $11.93, for a total value of $2,386,000.00. Following the completion of the transaction, the chief technology officer directly owned 7,174,188 shares of the company's stock, valued at $85,588,062.84.
Why it matters
This transaction represents a significant sale of stock by Semrush's CTO, which could signal changes in the company's leadership or strategy. As a major shareholder, the CTO's actions are closely watched by investors and analysts.
The details
Oleg Shchegolev, the Chief Technology Officer of Semrush, sold 200,000 shares of the company's stock on March 9th, 2026. The shares were sold at an average price of $11.93, resulting in a total transaction value of $2,386,000.00. Following the sale, Shchegolev still directly owns 7,174,188 shares of Semrush stock, valued at $85,588,062.84.
- The stock sale transaction occurred on Monday, March 9th, 2026.
The players
Oleg Shchegolev
The Chief Technology Officer of Semrush Holdings, Inc.
Semrush Holdings, Inc.
A global software-as-a-service (SaaS) company that provides a comprehensive digital marketing platform for search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing and competitive research.
The takeaway
This significant stock sale by Semrush's CTO could signal changes in the company's leadership or strategy, which will be closely watched by investors and analysts as Semrush continues to grow its digital marketing platform.
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