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.

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.

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

NASDAQ:TACT

TACT Rankings

TACT Latest News

TACT Latest SEC Filings

TACT Stock Data

47.74M
9.09M
11.46%
52.85%
0.04%
Computer Hardware
Computer Peripheral Equipment, Nec
Link
United States
HAMDEN