TransAct (NASDAQ: TACT) director awarded 14,700 RSUs vesting in one year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransAct Technologies director Haydee Olinger reported an equity award consisting of 14,700 Restricted Stock Units granted on February 24, 2026 under the company’s 2014 Equity Incentive Plan. These RSUs cliff vest on the first anniversary of the grant and convert into common stock on a one-for-one basis. Olinger also reports direct ownership of 27,185 shares of common stock as of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Olinger Haydee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,700 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 14,700 shares (Direct);
Common Stock — 27,185 shares (Direct)
Footnotes (1)
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FAQ
What equity award did TransAct (TACT) director Haydee Olinger receive?
Haydee Olinger received an award of 14,700 Restricted Stock Units on February 24, 2026. The units were granted under TransAct’s 2014 Equity Incentive Plan, as Amended and Restated, and represent a form of stock-based compensation tied directly to company performance and tenure.
When do Haydee Olinger’s new TransAct (TACT) RSUs vest?
The 14,700 Restricted Stock Units granted to Haydee Olinger cliff vest on the first anniversary of the February 24, 2026 grant date. Cliff vesting means none of the units vest gradually; instead, they all vest at once after the required service period is completed.
How do Haydee Olinger’s TransAct (TACT) RSUs convert into common stock?
The Restricted Stock Units convert into TransAct common stock on a one-for-one basis after vesting. For each vested unit, Olinger is entitled to receive one share of common stock, directly linking the value of the award to TransAct’s future share price performance.
Under which plan were the TransAct (TACT) RSUs for Haydee Olinger issued?
The 14,700 Restricted Stock Units were issued under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated. This plan governs how equity awards like RSUs are granted to directors, officers, and employees as part of the company’s long-term incentive compensation program.
Is Haydee Olinger’s TransAct (TACT) RSU award a purchase or a grant?
The 14,700 Restricted Stock Units reported by Haydee Olinger represent a grant or award, not an open-market purchase. The Form 4 uses transaction code “A,” indicating an acquisition through grant or award as part of the company’s equity incentive compensation program.