6,780 RSUs granted to TransAct Technologies (TACT) chief accounting officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransAct Technologies reported that Chief Accounting Officer William DeFrances received a grant of 6,780 Restricted Stock Units on February 25, 2026. These RSUs were issued under the company’s 2014 Equity Incentive Plan, as Amended and Restated.
The award cliff vests on the second anniversary of the grant date and then converts into common stock on a one-for-one basis, aligning the executive’s compensation with future company performance. Following these transactions, his directly held common stock balance is reported as zero shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DEFRANCES WILLIAM
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,780 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 6,780 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (1)
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FAQ
What did TransAct Technologies (TACT) disclose about William DeFrances in this Form 4?
The filing shows Chief Accounting Officer William DeFrances received 6,780 Restricted Stock Units on February 25, 2026. These units were granted under TransAct Technologies’ 2014 Equity Incentive Plan, reinforcing equity-based executive compensation tied to the company’s future performance.
How many Restricted Stock Units were granted to the TACT Chief Accounting Officer?
William DeFrances was granted 6,780 Restricted Stock Units. The award was issued at a price of $0.00 per unit as compensation, not a market purchase, and forms part of his equity incentives at TransAct Technologies under the 2014 Equity Incentive Plan.
When do the new TACT Restricted Stock Units for William DeFrances vest?
The 6,780 Restricted Stock Units cliff vest on the second anniversary of the February 25, 2026 grant date. This means none vest before that time, encouraging longer-term retention and alignment with TransAct Technologies’ multi-year performance goals.
How will the granted RSUs convert into TransAct Technologies common stock?
Upon vesting, each Restricted Stock Unit converts into one share of TransAct Technologies common stock. The conversion ratio is one-for-one, so the 6,780 RSUs can become up to 6,780 common shares if fully vested and settled in stock.
What does the Form 4 say about William DeFrances’ common stock holdings after this grant?
After the reported transactions, William DeFrances’ directly held common stock balance is listed as zero shares. His equity exposure at TransAct Technologies is therefore currently through the 6,780 unvested Restricted Stock Units granted on February 25, 2026.
Under which plan were the TACT RSUs for William DeFrances issued?
The 6,780 Restricted Stock Units were issued under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated. This plan governs equity awards to employees and executives, providing stock-based incentives linked to the company’s long-term performance.