STOCK TITAN

[Form 4] Transact Technologies Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Steven A. DeMartino, President, CFO, Treasurer and Secretary of Transact Technologies Inc. (TACT), reported the vesting and conversion of 12,500 restricted stock units (RSUs) into common stock on 09/04/2025. Of those RSUs, 8,209 shares were added to his direct holdings at a $0 acquisition price because they converted on vesting, increasing his total beneficial ownership to 148,847 shares. Mr. DeMartino relinquished 4,291 shares from the conversion to satisfy required income and payroll tax withholding. The RSUs were originally granted on 09/04/2024 under the companys 2014 Equity Incentive Plan and vested in eight equal quarterly increments over two years.

Steven A. DeMartino, Presidente, CFO, Tesoriere e Segretario di Transact Technologies Inc. (TACT), ha comunicato la conversione e il consolidamento di 12.500 unità di azioni vincolate (RSU) in azioni ordinarie il 04/09/2025. Di queste, 8.209 azioni sono state aggiunte alle sue partecipazioni dirette a titolo gratuito poiché sono state convertite al momento del vesting, portando la sua partecipazione complessiva a 148.847 azioni. Il sig. DeMartino ha ceduto 4.291 azioni derivanti dalla conversione per far fronte alle ritenute fiscali sul reddito e contributive. Le RSU erano state assegnate originariamente il 04/09/2024 ai sensi del Piano di Incentivazione Azionaria 2014 della società e sono maturate in otto tranche trimestrali uguali distribuite su due anni.

Steven A. DeMartino, Presidente, CFO, Tesorero y Secretario de Transact Technologies Inc. (TACT), informó la conversión y consolidación de 12.500 unidades de acciones restringidas (RSU) en acciones ordinarias el 04/09/2025. De ese total, 8.209 acciones se sumaron a sus participaciones directas sin coste al convertirse en el momento del vesting, elevando su tenencia total a 148.847 acciones. El Sr. DeMartino entregó 4.291 acciones provenientes de la conversión para cubrir las retenciones fiscales sobre la renta y de nómina. Las RSU se habían otorgado originalmente el 04/09/2024 bajo el Plan de Incentivos de Capital 2014 de la compañía y se hicieron efectivas en ocho tramos trimestrales iguales a lo largo de dos años.

Steven A. DeMartino, Transact Technologies Inc.(TACT)의 사장, 최고재무책임자(CFO), 재무담당(재무이사) 및 비서로서, 12,500개의 제한주식단위(RSU)2025-09-04에 보통주로 전환·확정되었음을 보고했습니다. 이 중 8,209주가 직접 보유분으로 추가되었으며, 이는 베스팅 시점에 취득가액 없이 전환된 것으로 그의 총 실질 보유량은 148,847주가 되었습니다. DeMartino 씨는 소득세 및 급여세 원천징수를 충당하기 위해 전환분 중 4,291주를 처분했습니다. 해당 RSU는 회사의 2014년 주식 인센티브 플랜에 따라 2024-09-04에 부여되었고 2년에 걸쳐 8회의 분기별 균등한 비율로 베스트되었습니다.

Steven A. DeMartino, président, directeur financier, trésorier et secrétaire de Transact Technologies Inc. (TACT), a déclaré la conversion et la levée de 12 500 unités d'actions restreintes (RSU) en actions ordinaires le 04/09/2025. Parmi elles, 8 209 actions ont été ajoutées à ses détentions directes sans coût d'acquisition puisqu'elles ont été converties lors du vesting, portant sa détention effective à 148 847 actions. M. DeMartino a cédé 4 291 actions issues de la conversion pour couvrir les retenues fiscales sur le revenu et les cotisations salariales. Les RSU avaient été attribuées initialement le 04/09/2024 dans le cadre du plan d'intéressement en actions 2014 de la société et ont vesté en huit tranches trimestrielles égales sur deux ans.

Steven A. DeMartino, Präsident, CFO, Schatzmeister und Sekretär von Transact Technologies Inc. (TACT), meldete die Vesting und Umwandlung von 12.500 Restricted Stock Units (RSUs) in Stammaktien am 04.09.2025. Davon wurden 8.209 Aktien seinem direkten Bestand ohne Anschaffungskosten gutgeschrieben, da sie beim Vesting umgewandelt wurden, wodurch sein gesamter wirtschaftlicher Anteil auf 148.847 Aktien anstieg. Herr DeMartino hat 4.291 Aktien aus der Umwandlung abgegeben, um die erforderlichen Lohn- und Einkommensteuerabzüge zu decken. Die RSUs wurden ursprünglich am 04.09.2024 unter dem Equity Incentive Plan 2014 der Gesellschaft gewährt und sind in acht gleichen vierteljährlichen Tranchen über zwei Jahre vestet worden.

Positive
  • Vesting of 12,500 RSUs completed, converting to ordinary shares and increasing insider alignment with shareholders
  • Net increase of 8,209 shares added to the reporting person's direct beneficial ownership, totaling 148,847 shares
Negative
  • 4,291 shares were relinquished from the conversion to pay income and payroll taxes, reducing the net share delivery from the RSU grant

Insights

TL;DR: Routine executive RSU vesting and tax withholding; no unusual trading or cash purchase reported.

The Form 4 discloses standard equity compensation mechanics: 12,500 RSUs converted to common stock upon scheduled vesting, with 4,291 shares surrendered to cover tax obligations and 8,209 shares delivered to the reporting person. The acquisition price is listed as $0 because RSUs convert on vesting rather than a cash purchase. This filing signals management is receiving expected compensation rather than executing open-market purchases or sales, so it is a neutral governance event that simply updates insider ownership levels.

TL;DR: Insider ownership increased modestly via vested RSUs; transaction is non-cash and routine.

The reported change raises the officers direct holdings to 148,847 shares following conversion. The relinquishment of 4,291 shares for tax withholding is common for RSU settlements and does not indicate stock disposition for liquidity or signaling. Because the transaction is compensation-driven and not an open-market purchase or sale, its immediate market impact is likely limited.

Steven A. DeMartino, Presidente, CFO, Tesoriere e Segretario di Transact Technologies Inc. (TACT), ha comunicato la conversione e il consolidamento di 12.500 unità di azioni vincolate (RSU) in azioni ordinarie il 04/09/2025. Di queste, 8.209 azioni sono state aggiunte alle sue partecipazioni dirette a titolo gratuito poiché sono state convertite al momento del vesting, portando la sua partecipazione complessiva a 148.847 azioni. Il sig. DeMartino ha ceduto 4.291 azioni derivanti dalla conversione per far fronte alle ritenute fiscali sul reddito e contributive. Le RSU erano state assegnate originariamente il 04/09/2024 ai sensi del Piano di Incentivazione Azionaria 2014 della società e sono maturate in otto tranche trimestrali uguali distribuite su due anni.

Steven A. DeMartino, Presidente, CFO, Tesorero y Secretario de Transact Technologies Inc. (TACT), informó la conversión y consolidación de 12.500 unidades de acciones restringidas (RSU) en acciones ordinarias el 04/09/2025. De ese total, 8.209 acciones se sumaron a sus participaciones directas sin coste al convertirse en el momento del vesting, elevando su tenencia total a 148.847 acciones. El Sr. DeMartino entregó 4.291 acciones provenientes de la conversión para cubrir las retenciones fiscales sobre la renta y de nómina. Las RSU se habían otorgado originalmente el 04/09/2024 bajo el Plan de Incentivos de Capital 2014 de la compañía y se hicieron efectivas en ocho tramos trimestrales iguales a lo largo de dos años.

Steven A. DeMartino, Transact Technologies Inc.(TACT)의 사장, 최고재무책임자(CFO), 재무담당(재무이사) 및 비서로서, 12,500개의 제한주식단위(RSU)2025-09-04에 보통주로 전환·확정되었음을 보고했습니다. 이 중 8,209주가 직접 보유분으로 추가되었으며, 이는 베스팅 시점에 취득가액 없이 전환된 것으로 그의 총 실질 보유량은 148,847주가 되었습니다. DeMartino 씨는 소득세 및 급여세 원천징수를 충당하기 위해 전환분 중 4,291주를 처분했습니다. 해당 RSU는 회사의 2014년 주식 인센티브 플랜에 따라 2024-09-04에 부여되었고 2년에 걸쳐 8회의 분기별 균등한 비율로 베스트되었습니다.

Steven A. DeMartino, président, directeur financier, trésorier et secrétaire de Transact Technologies Inc. (TACT), a déclaré la conversion et la levée de 12 500 unités d'actions restreintes (RSU) en actions ordinaires le 04/09/2025. Parmi elles, 8 209 actions ont été ajoutées à ses détentions directes sans coût d'acquisition puisqu'elles ont été converties lors du vesting, portant sa détention effective à 148 847 actions. M. DeMartino a cédé 4 291 actions issues de la conversion pour couvrir les retenues fiscales sur le revenu et les cotisations salariales. Les RSU avaient été attribuées initialement le 04/09/2024 dans le cadre du plan d'intéressement en actions 2014 de la société et ont vesté en huit tranches trimestrielles égales sur deux ans.

Steven A. DeMartino, Präsident, CFO, Schatzmeister und Sekretär von Transact Technologies Inc. (TACT), meldete die Vesting und Umwandlung von 12.500 Restricted Stock Units (RSUs) in Stammaktien am 04.09.2025. Davon wurden 8.209 Aktien seinem direkten Bestand ohne Anschaffungskosten gutgeschrieben, da sie beim Vesting umgewandelt wurden, wodurch sein gesamter wirtschaftlicher Anteil auf 148.847 Aktien anstieg. Herr DeMartino hat 4.291 Aktien aus der Umwandlung abgegeben, um die erforderlichen Lohn- und Einkommensteuerabzüge zu decken. Die RSUs wurden ursprünglich am 04.09.2024 unter dem Equity Incentive Plan 2014 der Gesellschaft gewährt und sind in acht gleichen vierteljährlichen Tranchen über zwei Jahre vestet worden.

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)
09/04/2025
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 09/04/2025 M 8,209(2) A $0 148,847 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) 09/04/2025 M 12,500 (1) (1) Common Stock 12,500 (1) 50,000 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 and converting to common stock on a one-for-one basis.
2. Mr. DeMartino relinquished 4,291 shares of common stock of the 12,500 restricted stock units that converted to common stock on September 4, 2025 in order to pay the required income and payroll taxes.
Steven A DeMartino 09/05/2025
** 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 did Steven A. DeMartino report on Form 4 for TACT?

The filing reports the conversion of 12,500 RSUs into common stock on 09/04/2025, with 8,209 shares delivered to him and 4,291 shares relinquished to cover taxes.

How many shares does the reporting person own after the transaction?

Following the reported transaction, Mr. DeMartino beneficially owns 148,847 shares of Transact Technologies Inc. (TACT).

What was the acquisition price for the shares received on vesting?

The conversion of RSUs to common stock is reported at an acquisition price of $0, reflecting non-cash settlement on vesting.

Why were some shares relinquished in the reported transaction?

Mr. DeMartino relinquished 4,291 shares from the RSU conversion to satisfy required income and payroll tax withholding obligations.

When were the RSUs originally granted?

The RSUs were granted on 09/04/2024 under the company's 2014 Equity Incentive Plan and vested over two years in eight equal quarterly increments.
Transact Tech

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45.01M
8.94M
11.38%
56.09%
0.04%
Computer Hardware
Computer Peripheral Equipment, Nec
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United States
HAMDEN