STOCK TITAN

Poplar Point discloses 15.22% TransAct stake in new filing (TACT)

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Poplar Point Capital Management LLC, Poplar Point Capital Partners LP, Poplar Point Capital GP LLC and Jad Fakhry reported a significant position in TransAct Technologies Inc. common stock. Together they beneficially own 1,563,752 shares, representing 15.22% of the outstanding common stock, with shared voting and dispositive power and no sole authority.

The shares were acquired using Poplar Point Capital Management’s working capital. The group believes the shares are undervalued and an attractive investment, and is engaging with TransAct’s board and management on topics including potential strategic alternatives for the casino and gaming ticket printer business, financial reporting segmentation, capital allocation, corporate governance and board composition. They may buy additional shares, sell shares, or use hedging and other transactions depending on future conditions.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Beneficial ownership 1,563,752 shares of Common Stock Shares beneficially owned collectively by the Reporting Persons
Ownership percentage 15.22 % Percent of TransAct Technologies common stock class represented by the reported holdings
Shared voting power 1,563,752 shares Shared voting and dispositive power reported for each Reporting Person; no sole power
Purchase on 05/21/2026 129,126 shares at $3.73 Open-market purchase disclosed among transactions in the prior 60 days
Additional 05/21/2026 purchase 171,168 shares at $3.73 Second block of TransAct common stock bought on 05/21/2026
Purchase on 05/28/2026 45,606 shares at $4.35 One of several 05/28/2026 transactions in the normal course of business
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 1,563,752.00"
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.
shared voting power financial
"Shared Voting Power 1,563,752.00; Sole Voting Power 0.00 for each Reporting Person"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive power financial
"Sole Dispositive Power 0.00; Shared Dispositive Power 1,563,752.00"
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.
Schedule 13G financial
"previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
strategic alternatives financial
"potential exploration of strategic alternatives for the Issuer's casino and gaming ticket printer business"
Strategic alternatives are different options a company considers to improve its value or achieve its goals, such as selling the business, merging with another company, or restructuring operations. For investors, understanding these options is important because they can significantly impact the company's future direction and its stock value, often signaling potential changes or opportunities.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What ownership stake in TACT did Poplar Point report?

Poplar Point and related Reporting Persons beneficially own 1,563,752 shares of TransAct Technologies common stock, representing 15.22% of the class. They report only shared voting and dispositive power over these shares, with no sole authority for any individual Reporting Person.

Why did Poplar Point file a Schedule 13D regarding TACT?

The Reporting Persons filed after acquiring a 15.22% stake they view as an undervalued, attractive investment. They intend ongoing discussions with TransAct’s board and management on business strategy, strategic alternatives for the casino and gaming ticket printer business, financial reporting, capital allocation, and governance.

What recent TACT share purchases did Poplar Point disclose?

Within the prior 60 days, the group reported multiple open-market purchases, including 129,126 shares at $3.73 and 171,168 shares at $3.73 on 05/21/2026, plus additional blocks such as 45,606 shares at $4.35 on 05/28/2026, all in the normal course of business.

Who are the Reporting Persons in the TACT Schedule 13D?

The Reporting Persons are Poplar Point Capital Management LLC, Poplar Point Capital Partners LP, Poplar Point Capital GP LLC, and Jad Fakhry. Poplar Point entities invest in securities, and Mr. Fakhry’s principal occupation is serving as Manager of Poplar Point Capital Management.

What potential actions might Poplar Point take with its TACT investment?

The group intends to review its investment on a continuing basis and may purchase additional shares, sell some or all holdings, or use hedging and similar transactions. They may also pursue actions described in Item 4, after discussions with TransAct’s board, management, and other stakeholders.

What strategic issues does Poplar Point plan to discuss with TACT?

The Reporting Persons plan discussions covering the Issuer’s business, including possible strategic alternatives for the casino and gaming ticket printer business, segmentation of financial reporting, capital allocation priorities, and changes to corporate governance and board composition with TransAct’s board and management.





892918103

(CUSIP Number)
Jad Fakhry
330 PRIMROSE RD, SUITE 400
BURLINGAME, CA, 94010
650-239-9049

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/16/2026

(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






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Poplar Point Capital Management LLC
Signature:/s/ Jad Fakhry
Name/Title:Jad Fakhry
Date:07/17/2026
Poplar Point Capital Partners LP
Signature:/s/ Jad Fakhry
Name/Title:Jad Fakhry
Date:07/17/2026
Poplar Point Capital GP LLC
Signature:/s/ Jad Fakhry
Name/Title:Jad Fakhry
Date:07/17/2026
Jad Fakhry
Signature:/s/ Jad Fakhry
Name/Title:Jad Fakhry
Date:07/17/2026
Comments accompanying signature:
N/A