TACT CFO exercises RSUs, withholds shares for taxes
TRANSACT Technologies President and CFO Steven A. DeMartino reported equity award activity involving restricted stock units and common stock.
Rhea-AI Filing Summary
TRANSACT Technologies President and CFO Steven A. DeMartino reported equity award activity involving restricted stock units and common stock. On March 4, 2026, he exercised 12,500 restricted stock units, which converted into 12,500 shares of common stock at a stated price of $0.0000 per share.
The restricted stock units were originally issued on September 4, 2024 under the company’s 2014 Equity Incentive Plan, vesting in eight equal quarterly installments over two years. After the conversion, DeMartino held 25,000 restricted stock units and 192,089 shares of common stock directly.
To cover tax obligations related to the award, 4,240 shares of common stock were disposed of in a tax-withholding transaction coded “F” at $3.4800 per share. Following these transactions, DeMartino’s direct ownership stood at 187,849 shares of common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,240 | $3.48 | $15K |
Footnotes (1)
- F1. Restricted Stock Units issued on September 4, 2024 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting in eight equal quarterly increments over two years from the date of grant that have converted to common stock on a one-for-one basis.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TACT executive Steven A. DeMartino report?
How many TransAct Technologies (TACT) RSUs did DeMartino convert and what remains?
What equity incentive plan governs DeMartino’s TACT restricted stock units?
How did DeMartino’s TACT common stock holdings change after these transactions?
What do the Form 4 transaction codes M and F mean in the TACT filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.