TACT (NASDAQ: TACT) CTO reports 6,325 RSUs vesting into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRANSACT TECHNOLOGIES INC Chief Technology Officer Brent Richtsmeier reported a routine equity compensation event. On May 1, 2026, 6,325 Restricted Stock Units converted into an equal number of common shares at no exercise price, reflecting vesting under the company’s 2014 Equity Incentive Plan.
Following the conversion, he directly holds 36,323 shares of common stock and 18,975 Restricted Stock Units. The RSUs were originally issued on May 1, 2025 and vest 25% each year starting on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,325 shares exercised/converted
Mixed
2 txns
Insider
Richtsmeier Brent
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,325 | $0.00 | -- |
| Exercise | Common Stock | 6,325 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 18,975 shares (Direct, null);
Common Stock — 36,323 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs converted: 6,325 shares
Common shares held after: 36,323 shares
RSUs remaining: 18,975 units
+2 more
5 metrics
RSUs converted
6,325 shares
Restricted Stock Units converting to common stock on May 1, 2026
Common shares held after
36,323 shares
Direct common stock holdings after RSU conversion
RSUs remaining
18,975 units
Restricted Stock Units held after reported transaction
RSU vesting rate
25% annually
Vesting schedule starting on first anniversary of May 1, 2025 grant
Exercise price
$0.00 per share
Conversion of RSUs to common stock at no cost
Key Terms
Restricted Stock Units, 2014 Equity Incentive Plan, as Amended and Restated, derivative security
3 terms
Restricted Stock Units financial
"Shares of Restricted Stock Units issued on May 1, 2025 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, as Amended and Restated financial
"pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did TACT executive Brent Richtsmeier report on this Form 4?
Brent Richtsmeier reported a vesting-related equity event, not an open-market trade. 6,325 Restricted Stock Units converted into 6,325 shares of common stock at no exercise price, reflecting routine compensation under TransAct Technologies’ equity incentive plan.
How many Restricted Stock Units does the TACT CTO still hold after the RSU conversion?
Post-transaction, Brent Richtsmeier holds 18,975 Restricted Stock Units. These RSUs remain outstanding under TransAct Technologies’ 2014 Equity Incentive Plan and may convert into common stock in future vesting periods if the applicable conditions are satisfied.
When were the TACT Restricted Stock Units that converted in this filing originally granted?
The Restricted Stock Units were issued on May 1, 2025 under the 2014 Equity Incentive Plan. They vest 25% annually starting on the first anniversary of the grant date, and the vested portion in this Form 4 converted into common shares one-for-one.
How do the TACT RSUs reported in this Form 4 vest over time?
The RSUs vest in four equal annual installments. Specifically, 25% of the grant vests each year beginning on the first anniversary of the May 1, 2025 grant date, with each vested portion converting into common stock on a one-for-one basis as reported.