Director-linked entities at TransAct Technologies (TACT) receive 14,700 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransAct Technologies director-affiliated entities reported an award of 14,700 restricted stock units on February 24, 2026. These RSUs were granted to director Daniel M. Friedberg under the company’s 2014 Equity Incentive Plan, cliff vest after one year, and convert into common stock on a one-for-one basis.
The filing is made jointly by 325 Capital LLC, 325 Capital Master Fund LP, 325 Capital GP, LLC, and individuals including Friedberg and Anil K. Shrivastava, who may be deemed to have a pecuniary interest. The group also reports indirect holdings of common stock through Friedberg and 325 Capital Master Fund, while disclaiming beneficial ownership except to the extent of any economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 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 |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,700 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 14,700 shares (Indirect, See Footnotes);
Common Stock — 9,975 shares (Indirect, See Footnotes)
Footnotes (1)
- Restricted Stock Units issued on February 24, 2026 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, cliff vesting on the first anniversary date of the grant and converting 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 (3) above, all of the Reporting Persons may be deemed to beneficially own the securities owned directly by 325 Master Fund.
FAQ
What insider transaction did TransAct Technologies (TACT) report on February 24, 2026?
TransAct Technologies reported a grant of 14,700 restricted stock units to director Daniel M. Friedberg. The award was made under the 2014 Equity Incentive Plan and reflects equity-based compensation for board service rather than an open-market share purchase or sale.
How do the 14,700 RSUs granted at TransAct Technologies (TACT) vest?
The 14,700 restricted stock units cliff vest on the first anniversary of the February 24, 2026 grant date. Once vested, each RSU converts into one share of TransAct Technologies common stock, aligning the director’s compensation with future company performance.
Who are the reporting persons in the latest TransAct Technologies (TACT) Form 4?
The Form 4 is filed jointly by 325 Capital LLC, 325 Capital Master Fund LP, 325 Capital GP, LLC, and individuals including Daniel M. Friedberg and Anil K. Shrivastava. They may be deemed to have pecuniary interests in the reported securities under beneficial ownership rules.
How are the 14,700 RSUs at TransAct Technologies (TACT) economically allocated?
The RSUs are owned directly by director Daniel M. Friedberg, but 325 Capital LLC is entitled to receive all economic interest from equity granted for his board service. As a result, the 325 Capital entities and related individuals may be deemed to share pecuniary interests in this award.
What indirect common stock holdings are reported for TransAct Technologies (TACT)?
The filing reports indirect ownership of 9,975 shares of common stock held directly by Daniel M. Friedberg and 1,011,789 shares held by 325 Capital Master Fund LP. All reporting persons may be deemed beneficial owners of these securities, subject to their pecuniary interests.
Do the TransAct Technologies (TACT) reporting persons claim full beneficial ownership of the securities?
No, each reporting person expressly disclaims beneficial ownership of the securities beyond any pecuniary interest. This means they acknowledge only their economic stake, while still reporting the positions under applicable beneficial ownership and insider reporting standards.