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TransAct Technologies (TACT) CFO reports RSU conversion and tax-share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DEMARTINO STEVEN A

(Last) (First) (Middle)
ONE HAMDEN CENTER
2319 WHITNEY AVENUE, SUITE 3B

(Street)
HAMDEN CT 06518

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRANSACT TECHNOLOGIES INC [ TACT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, CFO, Treas. & Secr.
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 M 12,500(1) A (1) 192,089 D
Common Stock 03/04/2026 F 4,240 D $3.48 187,849 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/04/2026 M 12,500 (1) (1) Common Stock 12,500 (1) 25,000 D
Explanation of Responses:
1. 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.
Steven A. DeMartino 03/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did TACT executive Steven A. DeMartino report?

Steven A. DeMartino reported exercising 12,500 restricted stock units into 12,500 common shares and a tax-withholding disposition of 4,240 common shares at $3.4800. After these transactions, he directly held 187,849 common shares and 25,000 remaining restricted stock units.

How many TransAct Technologies (TACT) RSUs did DeMartino convert and what remains?

DeMartino converted 12,500 restricted stock units into 12,500 common shares on March 4, 2026. These units were part of a grant dated September 4, 2024. After the conversion, 25,000 restricted stock units remained directly owned under the company’s 2014 Equity Incentive Plan.

What was the nature of the TACT tax-withholding share disposition reported?

The filing shows a tax-withholding disposition coded “F” for 4,240 common shares at $3.4800 per share. This transaction was used to satisfy tax liabilities tied to the equity award exercise and was not reported as an open-market sale by DeMartino.

What equity incentive plan governs DeMartino’s TACT restricted stock units?

The restricted stock units were issued under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated. The September 4, 2024 grant vests in eight equal quarterly increments over two years, with vested units converting into common stock on a one-for-one basis.

How did DeMartino’s TACT common stock holdings change after these transactions?

After exercising 12,500 restricted stock units and completing the tax-withholding disposition of 4,240 shares, DeMartino’s direct common stock holdings moved to 187,849 shares. This reflects the net impact of the derivative exercise and related tax-share delivery combined.

What do the Form 4 transaction codes M and F mean in the TACT filing?

Code “M” in DeMartino’s Form 4 indicates the exercise or conversion of a derivative security, here restricted stock units converting to common stock. Code “F” represents shares delivered to pay the exercise price or tax liability, shown by the 4,240-share tax-withholding disposition.
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Computer Hardware
Computer Peripheral Equipment, Nec
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United States
HAMDEN