TransAct (NASDAQ: TACT) CTO converts RSUs and PSUs into common stock

Rhea-AI Filing Summary

TransAct Technologies’ Chief Technology Officer Brent Richtsmeier reported a series of equity award conversions into common stock. On February 28 and March 1–2, he exercised vested restricted stock units and performance stock units, each converting to common stock on a one-for-one basis at a price of $0.00 per share. These were non‑cash transactions reflecting the vesting of awards under the company’s 2014 Equity Incentive Plan. Following the latest reported conversion on March 2, his direct ownership in common stock increased to 29,998 shares.

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

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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^*

Richtsmeier Brent

(Last) (First) (Middle)

2319 WHITNEY AVENUE

(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)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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	02/28/2026		M		1,300	A	(1)	22,995	D
Common Stock	03/01/2026		M		4,778	A	(2)	27,773	D
Common Stock	03/01/2026		M		1,250	A	(3)	29,023	D
Common Stock	03/02/2026		M		975	A	(4)	29,998	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)	02/28/2026		M			1,300	(1)	(1)	Common Stock	1,300	(1)	2,600	D
Performance Stock Units	(2)	03/01/2026		M			4,778	(2)	(2)	Common Stock	4,778	(2)	0	D
Restricted Stock Units	(3)	03/01/2026		M			1,250	(3)	(3)	Common Stock	1,250	(3)	1,250	D
Restricted Stock Units	(4)	03/02/2026		M			975	(4)	(4)	Common Stock	975	(4)	0	D

Explanation of Responses:

1. Restricted Stock Units issued on February 29, 2024 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.

2. Performance Stock Units issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended, which vest in three equal installments on March 1, 2024, March 1, 2025 and March 1, 2026 that have converted to common stock on a one-for-one basis.

3. Restricted Stock Units issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.

4. Restricted Stock Units issued on March 2, 2022 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.

	/s/ Steven A. DeMartino, Attorney-in-Fact for Brent Richtsmeier	03/02/2026
	** Signature of Reporting Person	Date
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FAQ

What insider activity did TACT’s CTO report on this Form 4?

Brent Richtsmeier, TACT’s Chief Technology Officer, reported exercising vested restricted stock units and performance stock units. These equity awards converted into common stock on a one-for-one basis, reflecting non-cash compensation vesting rather than open-market buying or selling.

How many TACT common shares does the CTO hold after these transactions?

After the latest reported conversion on March 2, 2026, Brent Richtsmeier directly held 29,998 shares of TACT common stock. This figure comes from the Form 4’s post-transaction ownership line for common stock on that date.

Were any of the TACT CTO’s transactions open-market buys or sells?

No, the reported transactions were all coded “M” for derivative exercises or conversions. They represent vested restricted stock units and performance stock units converting into common stock at $0.00 per share, not open-market purchases or sales.

What types of equity awards did TACT’s CTO convert into stock?

The Form 4 shows conversions of restricted stock units and performance stock units into TACT common stock. These awards were granted under the company’s 2014 Equity Incentive Plan and vested according to their multi-year schedules before converting one-for-one into shares.

On which dates did the TACT CTO’s equity awards convert to common shares?

The equity awards converted into common stock on February 28, 2026, March 1, 2026, and March 2, 2026. Each conversion event corresponds to vesting installments of restricted stock units or performance stock units under the company’s equity incentive plan.

At what price were TACT shares acquired in these Form 4 transactions?

All reported conversions list a $0.00 per share transaction price. This reflects the nature of restricted stock unit and performance stock unit vesting, where shares are delivered upon vesting and conversion rather than purchased in the market for cash.