STOCK TITAN

TransAct (NASDAQ: TACT) CFO converts 12,500 RSUs and withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TRANSACT TECHNOLOGIES INC President and CFO Steven A. DeMartino reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On June 4, 2026, 12,500 RSUs converted into an equal number of common shares at a stated price of $0.00 per share, consistent with an equity award granted on September 4, 2024 under the company’s 2014 Equity Incentive Plan. To cover tax obligations, 4,291 common shares were disposed of at $4.66 per share as a tax-withholding transaction, not an open‑market sale. Following these transactions, he continues to hold over 200,000 common shares directly.

Positive

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Insider DEMARTINO STEVEN A
Role President, CFO, Treas. & Secr.
Type Security Shares Price Value
Exercise Restricted Stock Units 12,500 $0.00 --
Exercise Common Stock 12,500 $0.00 --
Tax Withholding Common Stock 4,291 $4.66 $20K
Holdings After Transaction: Restricted Stock Units — 12,500 shares (Direct, null); Common Stock — 206,982 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs converted 12,500 shares Restricted Stock Units converted to common stock on June 4, 2026
Tax-withholding shares 4,291 shares Common shares delivered for tax withholding on June 4, 2026
Tax-withholding price $4.66 per share Price for 4,291 common shares used to cover tax liability
Holdings after F transaction 202,691 shares Direct common stock holdings after tax-withholding disposition
Holdings after M transaction 206,982 shares Direct common stock holdings after RSU conversion transaction
RSU grant date September 4, 2024 RSUs issued under 2014 Equity Incentive Plan
RSU vesting schedule Eight equal quarterly increments over two years Vesting terms from equity plan footnote
Restricted Stock Units financial
"Shares of Restricted Stock Units issued on September 4, 2024 pursuant to the Company's 2014 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2014 Equity Incentive Plan financial
"pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
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SEC Form 4
FORM 4UNITED 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 CONNECTICUT 06518

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TRANSACT TECHNOLOGIES INC [ TACT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, CFO, Treas. & Secr.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026M12,500A(1)206,982D
Common Stock06/04/2026F4,291D$4.66202,691D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/04/2026M12,500 (1) (1)Common Stock12,500(1)12,500D
Explanation of Responses:
1. Shares of 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 that have converted to common stock on a one-for-one basis.
Steven A DeMartino06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did TACT executive Steven DeMartino report on this Form 4?

Steven A. DeMartino reported the conversion of 12,500 restricted stock units into common stock and a related tax-withholding disposition of 4,291 common shares at $4.66 per share, both dated June 4, 2026, reflecting routine equity compensation activity.

Were the TACT Form 4 transactions open-market purchases or sales?

The filing shows no open-market purchases or sales. It reports a derivative exercise where 12,500 RSUs converted into common stock and a tax-withholding disposition of 4,291 shares, used to satisfy tax obligations rather than discretionary trading.

How many TransAct Technologies RSUs did Steven DeMartino convert into common stock?

He converted 12,500 restricted stock units into 12,500 shares of common stock. The RSUs were issued September 4, 2024 under the 2014 Equity Incentive Plan and vested in eight equal quarterly increments over two years from the grant date.

At what price were TACT shares used for tax withholding in this Form 4?

The tax-withholding disposition involved 4,291 common shares at $4.66 per share. This transaction is coded as type F, meaning the shares were delivered to cover tax liabilities rather than sold as part of an open-market trade.

What does the Form 4 reveal about Steven DeMartino’s remaining TACT shareholdings?

The Form 4 indicates he continues to hold directly more than 200,000 shares of TransAct Technologies common stock. Line-item totals of 202,691 and 206,982 shares after individual transactions show he retains a substantial equity position following the RSU conversion and tax withholding.

How were Steven DeMartino’s TACT RSUs structured under the equity plan?

The RSUs were granted on September 4, 2024 under TransAct’s 2014 Equity Incentive Plan, as amended. According to the footnote, they vest in eight equal quarterly installments over two years from the grant date and convert into common stock on a one-for-one basis.