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TransAct Technologies (TACT) CRO awarded 14,124 RSUs with two-year cliff vesting

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

Rhea-AI Filing Summary

TransAct Technologies Inc Chief Revenue Officer Tracey S. Chernay received a grant of 14,124 Restricted Stock Units on February 25, 2026. The units were issued at no cash cost under the company’s 2014 Equity Incentive Plan, as Amended and Restated.

The RSUs cliff vest on the second anniversary of the grant date and then convert into common stock on a one-for-one basis. Following the grant, Chernay directly holds 14,124 RSUs and no shares of common stock are listed as directly owned after this transaction.

Positive

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Negative

  • None.
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*
Chernay Tracey S

(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 Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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 0 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) 02/25/2026 A 14,124 (1) (1) Common Stock 14,124 $0(1) 14,124 D
Explanation of Responses:
1. Restricted Stock Units issued on February 25, 2026 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, cliff vesting on the second anniversary date of the grant and converting to common stock on a one-for-one basis.
/s/ Steven A. DeMartino, Attorney-in-Fact for Tracey Winslow 02/27/2026
** 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.

FAQ

What did TransAct Technologies (TACT) report for Tracey S. Chernay in this Form 4?

The filing reports that Chief Revenue Officer Tracey S. Chernay received a grant of 14,124 Restricted Stock Units on February 25, 2026. These equity awards were issued under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated, with future vesting and share conversion terms.

How many Restricted Stock Units were granted to the TransAct Technologies (TACT) CRO?

Tracey S. Chernay was granted 14,124 Restricted Stock Units. The grant was recorded at a price of $0.00 per unit and represents a direct equity award under the company’s 2014 Equity Incentive Plan, reflecting part of her long-term incentive compensation structure.

When do Tracey S. Chernay’s TransAct Technologies (TACT) RSUs vest?

The Restricted Stock Units cliff vest on the second anniversary of the February 25, 2026 grant date. Cliff vesting means all 14,124 units vest at once on that future date, rather than gradually over time, if the award’s conditions are satisfied.

How will the TransAct Technologies (TACT) RSUs convert into common stock?

Once vested, the 14,124 Restricted Stock Units convert into TransAct Technologies common stock on a one-for-one basis. Each vested RSU becomes one share of common stock, aligning the Chief Revenue Officer’s compensation more directly with shareholder value over time.

What equity plan governs the TransAct Technologies (TACT) RSU grant to the CRO?

The RSU grant to Chief Revenue Officer Tracey S. Chernay was issued under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated. This plan authorizes equity-based awards to key employees, helping the company align long-term incentives with performance and shareholder interests.

Does Tracey S. Chernay hold TransAct Technologies (TACT) common stock after this Form 4 event?

After the reported transactions, the Form 4 lists zero shares of TransAct Technologies common stock directly owned. Instead, it shows direct ownership of 14,124 Restricted Stock Units, which may convert to common stock on a one-for-one basis after the vesting date.
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