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TransAct Technologies (TACT) CFO exercises 41,747 PSUs with tax withholding

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

Rhea-AI Filing Summary

TransAct Technologies President and CFO Steven A. DeMartino exercised 41,747 Performance Stock Units into an equal number of common shares on June 30, 2026. To cover taxes, 16,422 common shares were disposed of through tax withholding, not an open-market sale. Following these compensation-related transactions, DeMartino directly holds 244,438 shares of common stock. The Performance Stock Units were originally granted on May 1, 2025 under the company’s 2014 Equity Incentive Plan and vested pursuant to a Separation Agreement and General Release dated May 7, 2026.

Positive

  • None.

Negative

  • None.
Insider DEMARTINO STEVEN A
Role President, CFO, Treas. & Secr.
Type Security Shares Price Value
Exercise Performance Stock Units 41,747 $0.00 --
Exercise Common Stock 41,747 $0.00 --
Tax Withholding Common Stock 16,422 $5.84 $96K
Holdings After Transaction: Performance Stock Units — 0 shares (Direct, null); Common Stock — 244,438 shares (Direct, null)
Footnotes (1)
  1. [object Object]
PSUs exercised 41,747 units Performance Stock Units converted into common stock on June 30, 2026
Tax-withheld shares 16,422 shares Common shares delivered to cover tax liabilities on June 30, 2026
Shares held after transactions 244,438 shares Direct common stock holdings following June 30, 2026 transactions
Tax-withholding reference price $5.84 per share Price per share used for tax-withholding disposition of common stock
PSU grant date May 1, 2025 Issuance date of Performance Stock Units under 2014 Equity Incentive Plan
Separation agreement date May 7, 2026 Date of Separation Agreement and General Release governing PSU vesting
Performance Stock Units financial
"Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
2014 Equity Incentive Plan, as Amended and Restated financial
"pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated"
Separation Agreement and General Release financial
"which vested pursuant to a Separation Agreement and General Release, dated May 7, 2026"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition; transaction code F"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
X
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*
DEMARTINO STEVEN A
(Last)(First)(Middle)
ONE HAMDEN CENTER
2319 WHITNEY AVENUE, SUITE 3B
(Street)
HAMDEN CONNECTICUT 06518
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
TRANSACT TECHNOLOGIES INC [ TACT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, CFO, Treas. & Secr.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026M41,747A(1)244,438D
Common Stock06/30/2026F16,422D$5.84228,016D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Stock Units(1)06/30/2026M41,747 (1) (1)Common Stock41,747(1)0D
Explanation of Responses:
1. Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, which vested pursuant to a Separation Agreement and General Release, dated May 7, 2026, between the Company and the Reporting Person.
Remarks:
/s/ Steven A. DeMartino07/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did TransAct Technologies (TACT) report for Steven A. DeMartino?

Steven A. DeMartino exercised 41,747 Performance Stock Units into common stock and had 16,422 common shares withheld for taxes. These actions are compensation-related, reflecting vesting and settlement of equity awards rather than open-market buying or selling of TransAct Technologies shares.

Did the TransAct Technologies (TACT) executive sell shares in the open market?

The filing shows a tax-withholding disposition of 16,422 common shares, not an open-market sale. Shares were delivered to cover tax liabilities arising from the vesting and exercise of Performance Stock Units, a typical mechanism when equity awards convert into common stock for executives.

How many TransAct Technologies (TACT) shares does Steven A. DeMartino hold after these transactions?

After exercising Performance Stock Units and related tax withholding, Steven A. DeMartino directly holds 244,438 shares of TransAct Technologies common stock. This post-transaction figure reflects his updated equity position following the compensation-related equity settlement disclosed in the Form 4 filing.

What were the terms of the Performance Stock Units for TransAct Technologies (TACT)?

The Performance Stock Units were issued on May 1, 2025 under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated. They vested pursuant to a Separation Agreement and General Release dated May 7, 2026 before being converted into 41,747 shares of common stock.

Why did TransAct Technologies (TACT) Performance Stock Units vest for Steven A. DeMartino?

The Performance Stock Units vested pursuant to a Separation Agreement and General Release dated May 7, 2026 between TransAct Technologies and Steven A. DeMartino. This agreement triggered vesting of the PSUs granted on May 1, 2025 under the company’s 2014 Equity Incentive Plan.