Poplar Point group reports beneficial ownership of 1,183,448 shares (11.6%) of Transact Technologies Inc. The filing states the position is held jointly by Poplar Point Capital Management LLC, Poplar Point Capital Partners, Poplar Point Capital GP LLC and Jad Fakhry, with shared voting and dispositive power over those shares.
The report lists the reporting persons' Delaware organization and gives their business address in Burlingame, CA. The filing is an amendment to earlier Schedule 13G information and is a passive ownership disclosure.
The Schedule 13G/A details a passive institutional stake held by Poplar Point entities and Jad Fakhry, showing 1,183,448 shares (11.6%) with shared voting and dispositive authority. This identifies the group as a significant minority holder under SEC reporting thresholds.
Future filings may update holdings or voting arrangements; any change in classification (to an active investor) would require a different disclosure form.
Disclosure signals notable passive position but not an active campaign.
The filing characterizes the position as passive (Schedule 13G/A) and lists shared control rather than sole authority, indicating coordinated ownership through related entities. The 11.6% stake is large enough to be visible to market participants.
Material market impact would depend on subsequent trades or a change to an active investor classification; those actions would appear in later filings.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
TRANSACT TECHNOLOGIES INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
03/12/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Poplar Point Capital Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,183,448.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,183,448.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,183,448.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.6 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Poplar Point Capital Partners LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,183,448.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,183,448.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,183,448.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.6 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Poplar Point Capital GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,183,448.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,183,448.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,183,448.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.6 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Jad Fakhry
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,183,448.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,183,448.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,183,448.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.6 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
TRANSACT TECHNOLOGIES INC
(b)
Address of issuer's principal executive offices:
ONE HAMDEN CENTER, 2319 WHITNEY AVENUE, SUITE 3B, HAMDEN, CT, 06518
Item 2.
(a)
Name of person filing:
This Schedule 13G is being jointly filed by Poplar Point Capital Management, LLC, a Delaware limited liability company ("PPCM"), Popular Point Capital Partners LP, a Delaware limited partnership ("PPCP"), Poplar Point Capital GP LLC, a Delaware limited liability company ("PPCGP"), and Jad Fakhry, a United States citizen (collectively with PPCM, PPCP and PPCGP, the "Reporting Persons").
PPCM is the investment manager for PPCP. PPCGP is the general partner of PPCP. Mr. Fakhry is the manager of, and owns a controlling interest in, PPCM and PPCGP.
(b)
Address or principal business office or, if none, residence:
The principal business address for each of the Reporting Persons is c/o Poplar Point Capital Management LLC, 330 Primrose Road, Suite 400, Burlingame, CA 94010.
(c)
Citizenship:
PPCM, PPCP and PPCGP are all organized in the State of Delaware. Mr. Fakhry is a United States citizen.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
892918103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,183,448
(b)
Percent of class:
11.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,183,448
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,183,448
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Items 2 and 4 above.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
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.
What stake does Poplar Point report in Transact Technologies (TACT)?
The filing reports a beneficial ownership of 1,183,448 shares, representing 11.6% of the class. The position is disclosed as held jointly by Poplar Point entities and Jad Fakhry with shared voting and dispositive power.
Who are the reporting persons in the Schedule 13G/A for TACT?
The reporting persons are Poplar Point Capital Management LLC, Poplar Point Capital Partners LP, Poplar Point Capital GP LLC, and Jad Fakhry, with a shared principal business address in Burlingame, California.
Does the Schedule 13G/A say the stake is active or passive?
The amendment is filed on Schedule 13G/A, which indicates a passive investor reporting category. The filing does not assert active control or an intent to influence management.
How is voting and dispositive power described in the filing?
The filing states the reporting persons have 0 sole voting/dispositive power and 1,183,448 shares of shared voting and dispositive power, reflecting joint control among the named entities.
Where is the principal business address for the Poplar Point reporting group?
The principal business address is listed as c/o Poplar Point Capital Management LLC, 330 Primrose Road, Suite 400, Burlingame, CA 94010 for all reporting persons named in the amendment.