Charles Gillman discloses 5.1% TransAct (TACT) stake worth about $2.45M

Rhea-AI Filing Summary

Charles M. Gillman reports beneficial ownership of 521,841 shares of TransAct Technologies common stock, representing 5.1% of the company’s outstanding shares as of April 30, 2026. The aggregate purchase price for these shares is approximately $2,453,646, excluding brokerage commissions.

The stake is held for investment and acquired in the ordinary course of business, not with the stated purpose of gaining control of the company. Gillman retains sole voting and dispositive power over all reported shares. He may buy more or sell some or all of the position over time, depending on market and investment considerations, and may communicate with other shareholders, management, and the board about TransAct’s operations or potential corporate actions, including possible transactions or board or management changes.

Insights

Activist investing analyst

A 5.1% investment stake in TransAct creates room for future engagement but no stated control plan.

Charles M. Gillman has accumulated 521,841 TransAct Technologies shares, or 5.1% of outstanding stock as of April 30, 2026, for about $2,453,646. He holds sole voting and dispositive power, meaning he alone decides how these shares are voted and when they are sold.

The position is described as an investment acquired in the ordinary course, without a current plan to control the company. However, the disclosure notes he may discuss operations and potential actions such as additional share acquisitions, possible extraordinary corporate transactions, or changes in the board or management. Future impact will depend on whether he pursues any of these ideas.

Key Figures

Shares beneficially owned: 521,841 shares Ownership percentage: 5.1% Shares outstanding: 10,276,279 shares +4 more

7 metrics

Shares beneficially owned 521,841 shares Common stock beneficially owned by Charles M. Gillman

Ownership percentage 5.1% Percent of TransAct common stock outstanding as of April 30, 2026

Shares outstanding 10,276,279 shares TransAct common stock outstanding as of April 30, 2026

Aggregate purchase price $2,453,646 Total consideration for 521,841 shares, excluding commissions

Sole voting power 521,841 shares Shares over which Gillman has sole voting power

Sole dispositive power 521,841 shares Shares over which Gillman has sole dispositive power

Event date July 1, 2026 Date of event requiring this ownership statement

Key Terms

beneficially owned, sole voting power, sole dispositive power, percent of class, +2 more

6 terms

beneficially owned financial

"Aggregate amount beneficially owned by each reporting person 521,841.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: 7 | Sole Voting Power 521,841.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"9 | Sole Dispositive Power 521,841.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

percent of class financial

"13Percent of class represented by amount in Row (11) 5.1 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

extraordinary corporate transaction financial

"ideas that, if effected, may result in any of the following: the acquisition by persons of additional Common Stock of the Issuer, an extraordinary corporate transaction involving the Issuer"

dispositive power financial

"3. Sole power to dispose or direct the disposition: 521,841 4. Shared power to dispose or direct the disposition: 0"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

How large is Charles M. Gillman’s stake in TransAct Technologies (TACT)?

Charles M. Gillman beneficially owns 521,841 shares of TransAct Technologies common stock, representing 5.1% of the company’s outstanding shares as of April 30, 2026. This percentage is based on 10,276,279 shares outstanding reported in TransAct’s Form 10-Q filed May 13, 2026.

How much did Charles M. Gillman pay for his TACT shares?

The aggregate purchase price for Charles M. Gillman’s 521,841 TransAct Technologies shares is approximately $2,453,646, excluding brokerage commissions. This figure reflects the total consideration he paid to build his position, not any current market value of the stake.

What voting and dispositive powers does Charles M. Gillman have over TACT stock?

Charles M. Gillman has sole voting power and sole dispositive power over 521,841 TransAct Technologies shares. He reports no shared voting or shared dispositive power, meaning he alone decides how these shares are voted and whether, when, and how they are sold.

What is Charles M. Gillman’s stated purpose for investing in TransAct Technologies (TACT)?

His stated purpose is investment, with the shares acquired in the ordinary course of business and not to gain control of TransAct. He may buy more or sell shares over time, based on ongoing evaluation, market conditions, liquidity needs, and other investment considerations.

Could Charles M. Gillman push for changes at TransAct Technologies (TACT)?

The filing states he may communicate with shareholders, management, and directors about TransAct’s operations and discuss ideas that might involve additional share acquisitions, possible extraordinary corporate transactions, or changes in the board or management, though no specific plans or proposals are currently disclosed.

How many TransAct Technologies (TACT) shares are outstanding for this ownership calculation?

The reported 5.1% ownership is based on 10,276,279 shares of TransAct Technologies common stock outstanding as of April 30, 2026. This outstanding share count comes from the company’s Form 10-Q filed with the SEC on May 13, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/06/2026 - 06:47 PM Accepted by SEC EDGAR 07/06/2026 - 06:46 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

TRANSACT TECHNOLOGIES INC

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

892918103

(CUSIP Number)

Hitchcock Law Firm PLLC
5614 Connecticut Avenue, N.W., No. 304
Washington, DC, 20015
(202) 489-4813

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

07/01/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 892918103

1

Name of reporting person

Charles M. Gillman

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 521,841.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 521,841.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

521,841.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

5.1 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Percent of class is calculated based on 10,276,279 shares of common stock, par value $0.01 (the "Common Stock"), of TransAct Technologies, Inc. (the "Issuer") outstanding as of April 30, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the "SEC") on May 13, 2026 (the "10-Q").

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.001 per share
(b)	Name of Issuer: TRANSACT TECHNOLOGIES INC
(c)	Address of Issuer's Principal Executive Offices: One Hamden Center, 2319 Whitney Avenue, Suite 3B, Hamden, CONNECTICUT , 06518.
Item 2.	Identity and Background
(a)	This statement is filed by Charles M. Gillman. Mr. Gillman is referred to as the Reporting Person.
(b)	The address of the principal office of the Reporting Person is 1223 Wilshire Boulevard, Unit 648, Santa Monica CA 90403.
(c)	The principal occupation of Mr. Gillman is serving as the Executive Managing Director of IDWR Office.
(d)	Mr. Gillman has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	Mr. Gillman has not, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	Mr. Gillman is a citizen of the United States of America.
Item 3.	Source and Amount of Funds or Other Consideration
	The aggregate purchase price of the 521,841 Shares is approximately $2,453,646, excluding brokerage commissions.
Item 4.	Purpose of Transaction
	The purpose of the acquisition of the Common Stock is for investment, and the acquisitions of the Common Stock were made in the ordinary course of business and were not made for the purpose of acquiring control of the Issuer. Although no Reporting Person has any specific plan or proposal to acquire or dispose of the Common Stock, consistent with its investment purpose, each Reporting Person at any time and from time to time may acquire additional Common Stock or dispose of any or all of its Common Stock depending upon an ongoing evaluation of the investment in the Common Stock, prevailing market conditions, other investment opportunities, liquidity requirements of the Reporting Persons, and/or other investment considerations. Also, consistent with the investment purpose, the Reporting Persons may engage in communications with one or more shareholders of the Issuer, one or more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the Issuer, including but not limited to its operations. The Reporting Persons may discuss ideas that, if effected, may result in any of the following: the acquisition by persons of additional Common Stock of the Issuer, an extraordinary corporate transaction involving the Issuer, and/or changes in the board of directors or management of the Issuer. Except to the extent the foregoing may be deemed a plan or proposal, none of the Reporting Persons has any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. The Reporting Persons may, at any time and from time to time, review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto.
Item 5.	Interest in Securities of the Issuer
(a)	The aggregate percentage of Shares reported owned by the Reporting Person is based upon 10,276,279 shares outstanding as of April 30, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on May 13, 2026.
(b)	1. Sole power to vote or direct vote: 521,841 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 521,841 4. Shared power to dispose or direct the disposition: 0
(c)	See Exhibit 99.1 for details.
(d)	No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
(e)	Not applicable
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Other than as described herein, there are no contracts, arrangements, understandings or relationships among the Reporting Person, or between the Reporting Person and any other person, with respect to the securities of the Issuer.
Item 7.	Material to be Filed as Exhibits.
	Item 5(c) information being filed as Exhibit 99.1

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Charles M. Gillman

Signature:	Charles M Gillman
Name/Title:	Executive Managing Director
Date:	07/06/2026