RSU grant correction for TransAct (TACT) director Randall S. Friedman
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
TransAct Technologies director Randall S. Friedman received a grant of 15,759 Restricted Stock Units on February 24, 2026 as equity compensation. This Form 4 amendment corrects an earlier report that mistakenly showed 14,700 units. The RSUs were issued under the company’s 2014 Equity Incentive Plan, as amended and restated.
The units cliff vest on the first anniversary of the grant date and then convert into common stock on a one-for-one basis. Following this grant, Friedman is reported as directly holding 15,759 Restricted Stock Units tied to TransAct common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Friedman Randall S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,759 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 15,759 shares (Direct)
Footnotes (1)
- On February 26, 2026, the reporting person filed a Form 4 (the "Original Form 4") which inadvertently reported an incorrect number of Restricted Stock Units granted February 24, 2026. The Original Form 4 reported a grant of 14,700 Restricted Stock Units, and this amendment is being filed to report the correct number of Restricted Stock Units granted as 15,759. Restricted Stock Units issued on February 24, 2026 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, cliff vesting on the first anniversary date of the grant and converting to common stock on a one-for-one basis.
FAQ
What insider transaction did TransAct Technologies (TACT) report in this Form 4/A?
TransAct Technologies reported that director Randall S. Friedman received 15,759 Restricted Stock Units as an equity grant on February 24, 2026. These units represent a compensation award rather than an open-market stock purchase or sale.
Why was this Form 4/A amendment filed for TransAct Technologies (TACT)?
The amendment was filed to correct the number of Restricted Stock Units previously reported. An earlier Form 4 showed a grant of 14,700 units, but the correct amount is 15,759 units granted on February 24, 2026.
How do the granted RSUs for TransAct Technologies (TACT) vest and convert?
The 15,759 Restricted Stock Units cliff vest on the first anniversary of the February 24, 2026 grant date. After vesting, they convert into TransAct common stock on a one-for-one basis, meaning each unit becomes one share.
What equity plan governs the RSU grant reported by TransAct Technologies (TACT)?
The RSU grant was issued under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated. This plan provides the framework for granting equity awards like Restricted Stock Units to company directors and other eligible participants.
How many Restricted Stock Units does Randall S. Friedman hold after this transaction at TransAct Technologies (TACT)?
After the reported grant, Randall S. Friedman is shown as directly holding 15,759 Restricted Stock Units. These RSUs are tied to TransAct common stock and will convert to shares after they vest on the first anniversary of the grant date.