Audrey Dunning of TRANSACT TECHNOLOGIES (TACT) receives 1,700 shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRANSACT TECHNOLOGIES INC director Audrey Dunning exercised equity awards to receive additional common shares. On May 4, 2026, 1,700 Restricted Stock Units granted on May 4, 2022 under the company’s 2014 Equity Incentive Plan converted into 1,700 shares of common stock on a one-for-one basis. Following this vesting and conversion, she directly holds 19,300 shares of common stock. The RSUs were compensation-related awards that vested annually and did not involve an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,700 shares exercised/converted
Mixed
2 txns
Insider
Dunning Audrey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,700 | $0.00 | -- |
| Exercise | Common Stock | 1,700 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 19,300 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs converted: 1,700 units
Common shares received: 1,700 shares
Holdings after transaction: 19,300 shares
+1 more
4 metrics
RSUs converted
1,700 units
Restricted Stock Units converting to common stock on May 4, 2026
Common shares received
1,700 shares
One-for-one conversion from Restricted Stock Units
Holdings after transaction
19,300 shares
Total common stock directly held after RSU conversion
RSU grant date
May 4, 2022
Original issue date under 2014 Equity Incentive Plan
Key Terms
Restricted Stock Units, 2014 Equity Incentive Plan, as Amended and Restated, derivative security
3 terms
Restricted Stock Units financial
"Restricted Stock Units issued on May 4, 2022 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 Audrey Dunning report in this Form 4 for TACT?
Audrey Dunning reported the exercise of 1,700 Restricted Stock Units that converted into 1,700 shares of TRANSACT TECHNOLOGIES INC common stock. This was a compensation-related vesting event under the company’s equity plan, not an open-market stock purchase or sale.
What are the terms of the Restricted Stock Units involved in this TACT Form 4?
The Restricted Stock Units were issued on May 4, 2022 under TRANSACT TECHNOLOGIES INC’s 2014 Equity Incentive Plan, as Amended and Restated. They vested 25% annually starting on the first anniversary of the grant, then converted to common stock on a one-for-one basis upon vesting.
Does this TACT Form 4 show any remaining Restricted Stock Units for Audrey Dunning?
No remaining Restricted Stock Units are shown after this transaction. The Form 4 indicates 1,700 RSUs converted into 1,700 common shares, leaving zero derivative shares listed for that RSU grant, and no additional derivative positions are reported in the derivative summary.