TransAct Technologies (TACT) awards 15,000 RSUs to CMO under equity plan
Rhea-AI Filing Summary
TransAct Technologies reported an equity grant to its Chief Marketing Officer, Dana Loof. On December 15, 2025, Loof received 15,000 Restricted Stock Units under the company’s 2014 Equity Incentive Plan, as Amended and Restated.
The restricted stock units cliff vest on the second anniversary of the grant date, meaning all 15,000 units vest at once two years after December 15, 2025. Upon vesting, each unit converts into one share of TransAct common stock on a one-for-one basis. Following this grant, Loof beneficially owns 15,000 derivative securities, held directly.
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FAQ
What insider transaction did TACT report in this Form 4?
The filing reports that TransAct Technologies granted 15,000 Restricted Stock Units to its Chief Marketing Officer, Dana Loof, on December 15, 2025.
Who is the reporting person in the TransAct Technologies (TACT) Form 4?
The reporting person is Dana Loof, who serves as Chief Marketing Officer of TransAct Technologies.
How many Restricted Stock Units were granted to the TransAct CMO and at what price?
Dana Loof was granted 15,000 Restricted Stock Units, reported with a per-unit price of $0.00 as an equity award under the company’s incentive plan.
What are the vesting terms of the 15,000 RSUs granted by TransAct Technologies?
The 15,000 RSUs issued on December 15, 2025 cliff vest on the second anniversary of the grant date, so they vest in full two years after that date.
How do the RSUs for TACT’s CMO convert into common stock?
Once vested, each Restricted Stock Unit converts into one share of TransAct common stock on a one-for-one basis, according to the filing’s footnote.
How many derivative securities does the TransAct CMO own after this grant?
After the reported transaction, Dana Loof beneficially owns 15,000 derivative securities (Restricted Stock Units), all held directly.
Under which plan were the RSUs to the TransAct CMO granted?
The Restricted Stock Units were granted under TransAct Technologies’ 2014 Equity Incentive Plan, as Amended and Restated.