TransAct (TACT) CEO granted 177,320 performance stock units, 59,106 vest

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

TransAct Technologies CEO John Dillon reported awards and vesting of performance-based equity. On February 24, 2026, he was granted 177,320 Performance Stock Units (PSUs) at no cost under the company’s 2014 Equity Incentive Plan. The PSUs were originally issued on May 1, 2025 and vest in three equal installments on February 24, 2026, 2027, and 2028.

On the same date, 59,106 PSUs were exercised and converted into 59,106 shares of common stock on a one-for-one basis, also at no cost. These PSUs were earned based on 2025 Revenue and Adjusted EBITDA performance, with a payout level of 155%. After these transactions, Dillon directly held 158,543 shares of common stock and 118,213 PSUs.

Insider Trade Summary

59,106 shares exercised/converted

Mixed 3 txns

Insider DILLON JOHN

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units	177,320	$0.00	--
Exercise	Performance Stock Units	59,106	$0.00	--
Exercise	Common Stock	59,106	$0.00	--

Holdings After Transaction: Performance Stock Units — 177,320 shares (Direct); Common Stock — 158,543 shares (Direct)

Footnotes (1)

Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting in three equal installments on February 24, 2026, February 24, 2027 and February 24, 2028, that have converted to common stock on a one-for-one basis. Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, which vest in three equal installments on February 24, 2026, February 24, 2027 and February 24, 2028 and convert to common stock on a one-for-one basis on each vesting date. The PSUs were earned on a variable basis dependent upon level of achievement against a payout matrix, which was based on Revenue and Adjusted EBITDA metrics for the calendar year 2025. Based on actual 2025 results, the payout was 155%.

Form 4 Insider Transactions: What Each Field Means →

02/26/2026 - 07:05 PM

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^*

DILLON JOHN

(Last)

(First)

(Middle)

2319 WHITNEY AVENUE

(Street)

HAMDEN

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)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/24/2026		M		59,106⁽¹⁾	A	⁽¹⁾	158,543	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Stock Units	⁽²⁾	02/24/2026		A		177,320		⁽²⁾	⁽²⁾	Common Stock	177,320	⁽²⁾	177,320	D
Performance Stock Units	⁽¹⁾	02/24/2026		M			59,106	⁽¹⁾	⁽¹⁾	Common Stock	59,106	⁽¹⁾	118,213	D

Explanation of Responses:

1. Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting in three equal installments on February 24, 2026, February 24, 2027 and February 24, 2028, that have converted to common stock on a one-for-one basis.

2. Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, which vest in three equal installments on February 24, 2026, February 24, 2027 and February 24, 2028 and convert to common stock on a one-for-one basis on each vesting date. The PSUs were earned on a variable basis dependent upon level of achievement against a payout matrix, which was based on Revenue and Adjusted EBITDA metrics for the calendar year 2025. Based on actual 2025 results, the payout was 155%.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Madison Gallagher, Attorney-in-Fact for John Dillon	02/26/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did TransAct Technologies (TACT) CEO John Dillon report in this Form 4?

John Dillon reported equity awards and vesting activity, not open-market trades. He received 177,320 performance stock units and 59,106 units converted into common stock at no cost, reflecting incentive compensation tied to 2025 performance metrics rather than cash share purchases or sales.

How many performance stock units were granted to TACT CEO John Dillon?

John Dillon was granted 177,320 performance stock units under TransAct’s 2014 Equity Incentive Plan. These units were originally issued on May 1, 2025 and vest in three equal installments on February 24, 2026, February 24, 2027, and February 24, 2028, subject to the plan terms.

How many TransAct (TACT) performance stock units vested and converted to common stock?

On February 24, 2026, 59,106 performance stock units vested and were exercised, converting into 59,106 shares of TransAct common stock on a one-for-one basis. The exercise price was zero, meaning the shares were issued without additional cash paid by John Dillon.

What performance metrics determined John Dillon’s PSU payout at TransAct Technologies (TACT)?

The performance stock units were earned based on 2025 Revenue and Adjusted EBITDA results measured against a payout matrix. Based on actual 2025 performance, the payout level was 155%, increasing the number of PSUs earned before vesting and conversion into common shares.

What are John Dillon’s TransAct (TACT) holdings after these Form 4 transactions?

After the reported transactions, John Dillon directly held 158,543 shares of TransAct common stock and 118,213 performance stock units. The remaining PSUs continue to vest in equal installments on February 24, 2027 and February 24, 2028, assuming the plan’s vesting conditions are satisfied.