TransAct Technologies (TACT) insiders gain stock through RSU conversions and awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransAct Technologies Inc. insiders reported indirect acquisitions of common stock through restricted stock unit (RSU) conversions. On February 27–March 1, 2026, RSUs previously granted under the company’s 2014 Equity Incentive Plan were exercised or converted into common shares at $0.00 per share under code M.
The transactions include RSUs issued on March 1, 2023, February 29, 2024, and February 27, 2025, each vesting 25% annually and converting to common stock on a one-for-one basis. Reported amounts include, for example, 2,850 and 1,675 common shares acquired indirectly.
The filing is made jointly by 325 Capital LLC, 325 Capital Master Fund LP, 325 Capital GP, LLC, and individuals including director Daniel M. Friedberg and Anil K. Shrivastava, who may be deemed to share pecuniary interests and beneficial ownership but each disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,125 shares exercised/converted
Mixed
7 txns
Insider
325 CAPITAL LLC, FRIEDBERG DANIEL M., Shrivastava Anil K, 325 Capital Master Fund LP, 325 Capital GP, LLC
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,600 | $0.00 | -- |
| Exercise | Common Stock | 1,600 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,675 | $0.00 | -- |
| Exercise | Common Stock | 1,675 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,850 | $0.00 | -- |
| Exercise | Common Stock | 2,850 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,600 shares (Indirect, See Footnotes);
Common Stock — 16,100 shares (Indirect, See Footnotes)
Footnotes (1)
- Restricted Stock Units issued on February 27, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary date of the grant and converting to common stock on a one-for-one basis. 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 date of the grant, that have converted to common stock on a one-for-one basis. 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 date of the grant, that have converted to common stock on a one-for-one basis. This Report is filed jointly by 325 Capital LLC, a Delaware limited liability company ("325"), 325 Capital Master Fund LP, a Cayman Islands exempted limited partnership ("325 Master Fund"), 325 Capital GP, LLC, a Delaware limited liability company registered as a foreign partnership in the Cayman Islands ("325 Capital GP"), Michael D. Braner, a citizen of the United States of America, Daniel M. Friedberg, a citizen of the United States of America, and Anil K. Shrivastava, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in the securities reported on this Form 4. These securities are owned directly by Daniel M. Friedberg, a Managing Member of 325 who serves on the board of directors of TransAct Technologies Incorporated (the "Company"). 325 is entitled to receive all of the economic interest in securities granted to Mr. Friedberg in respect of Mr. Friedberg's service on the board of directors, and may therefore be deemed to beneficially own these securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended. 325 Capital GP is the general partner of 325 Master Fund, 325 is the investment manager to 325 Master Fund, and each of Messrs. Braner, Friedberg and Shrivastava are Managing Members of 325. As a result, all of the Reporting Persons may be deemed to beneficially own the securities owned directly by Mr. Friedberg. The other Reporting Persons may also be deemed "directors by deputization" of the Company. Each of the Reporting Persons disclaims any beneficial ownership of any of these securities, except to the extent of any pecuniary interest therein. These securities are owned directly by 325 Master Fund. As a result of the relationships described in Footnote (5) above, all of the Reporting Persons may be deemed to beneficially own the securities owned directly by 325 Master Fund.
FAQ
What insider transactions did TransAct Technologies (TACT) report in this Form 4?
TransAct Technologies reported indirect acquisitions of common stock via exercises or conversions of restricted stock units at $0.00 per share. The transactions occurred between February 27 and March 1, 2026, and are coded M for derivative exercises or conversions rather than open-market trades.
Which securities were involved in the latest TransAct Technologies (TACT) insider filings?
The filing covers restricted stock units and the corresponding common stock of TransAct Technologies. RSUs granted under the 2014 Equity Incentive Plan convert to common shares on a one-for-one basis, with several thousand shares indirectly acquired through multiple M-code derivative exercise or conversion transactions.
Who are the reporting persons in the TransAct Technologies (TACT) Form 4?
Reporting persons include 325 Capital LLC, 325 Capital Master Fund LP, 325 Capital GP, LLC, and individuals Michael D. Braner, Daniel M. Friedberg, and Anil K. Shrivastava. They may be deemed to have pecuniary interests and beneficial ownership, subject to the disclaimers described in the footnotes.
How do the TransAct Technologies (TACT) RSU awards described in the filing vest?
The RSU awards referenced vest 25% annually, beginning on the first anniversary of the grant date. Grants from March 1, 2023, February 29, 2024, and February 27, 2025 were issued under the 2014 Equity Incentive Plan and convert into common stock on a one-for-one basis upon vesting.
What role does 325 Capital Master Fund LP play in the TransAct Technologies (TACT) ownership?
Certain securities are owned directly by 325 Capital Master Fund LP. Because 325 Capital GP is its general partner and 325 Capital LLC is its investment manager, all listed reporting persons may be deemed to beneficially own those securities, subject to each person’s disclaimer of beneficial ownership except for any pecuniary interest.