Table Trac grants 100,000 stock options to CEO

Q: What is the vesting schedule for Randy Gilbert’s Table Trac (TBTC) option?

The option vests over four years, with 16,000 shares vesting on the one-year anniversary of the grant. The remaining shares vest in equal annual installments over the next three years, subject to continued employment.

Q: Under which plan was the Table Trac (TBTC) option to Randy Gilbert granted?

The stock option for 100,000 shares was granted pursuant to Table Trac’s 2021 Stock Incentive Plan. This plan governs the terms of equity awards, including exercise price, vesting schedule, and expiration provisions.

Table Trac, Inc. granted a stock option to its Chief Executive Officer and Chief Financial Officer, Randy Gilbert, under the company’s 2021 Stock Incentive Plan.

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Form Type

8-K

Rhea-AI Filing Summary

Table Trac, Inc. granted a stock option to its Chief Executive Officer and Chief Financial Officer, Randy Gilbert, under the company’s 2021 Stock Incentive Plan. The option covers 100,000 shares of common stock at an exercise price of $4.51 per share, equal to the closing price on the August 7, 2026 grant date.

The option has a 10-year term and will vest over four years: 16,000 shares vest on the one-year anniversary of the grant, with the remaining shares vesting in equal annual installments over the following three years, subject to Mr. Gilbert’s continued employment through each vesting date.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Option Shares Granted: 100,000 shares Exercise Price: $4.51 per share Option Term: 10 years +2 more

5 metrics

Option Shares Granted 100,000 shares Stock option granted to Randy Gilbert on August 7, 2026

Exercise Price $4.51 per share Exercise price equal to closing price on grant date

Option Term 10 years Expiration 10 years from the August 7, 2026 grant date

Initial Vesting Tranche 16,000 shares Vest on the one-year anniversary of the grant date

Vesting Period 4 years Initial one-year cliff, then equal annual installments over next three years

Key Terms

2021 Stock Incentive Plan, exercise price, vesting, emerging growth company

4 terms

2021 Stock Incentive Plan financial

"pursuant to the Company’s 2021 Stock Incentive Plan, the Compensation Committee"

exercise price financial

"The stock option has an exercise price of $4.51 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"The stock option will vest over four years, with 16,000 shares"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

emerging growth company regulatory

"Emerging growth company On August 7, 2026"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did Table Trac (TBTC) grant to its CEO on August 7, 2026?

Table Trac granted Randy Gilbert, its CEO and CFO, a stock option for 100,000 shares of common stock. The option was issued under the 2021 Stock Incentive Plan with specific exercise, term, and vesting conditions.

What is the exercise price of the new Table Trac (TBTC) stock option grant?

The stock option granted to Randy Gilbert has an exercise price of $4.51 per share. This price equals the closing price on the August 7, 2026 grant date, aligning the option’s strike price with the then-current market value.

How many years does the new Table Trac (TBTC) option remain exercisable?

The option granted to Randy Gilbert will remain exercisable for 10 years from the August 7, 2026 grant date. After this 10-year term, any unexercised portion of the option will expire under the stated terms.

What is the vesting schedule for Randy Gilbert’s Table Trac (TBTC) option?

The option vests over four years, with 16,000 shares vesting on the one-year anniversary of the grant. The remaining shares vest in equal annual installments over the next three years, subject to continued employment.

Under which plan was the Table Trac (TBTC) option to Randy Gilbert granted?

The stock option for 100,000 shares was granted pursuant to Table Trac’s 2021 Stock Incentive Plan. This plan governs the terms of equity awards, including exercise price, vesting schedule, and expiration provisions.

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

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Available on EDGAR 08/12/2026 - 11:18 AM Accepted by SEC EDGAR 08/12/2026 - 11:18 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 7, 2026

Table Trac, Inc.

(Exact name of registrant as specified in its charter)

Nevada		001-32987		88-0336568
(State of Incorporation)		(Commission file number)		(IRS Employer Identification Number)

6101 Baker Road, Suite 206,

Minnetonka, Minnesota 55345

(Address of principal executive offices) (Zip Code)

(952) 548-8877

(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
N/A		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On August 7, 2026, pursuant to the Company’s 2021 Stock Incentive Plan, the Compensation Committee of the Board of Table Trac, Inc. (the “Company”) approved the grant of a stock option to purchase 100,000 shares of the Company’s common stock to Randy Gilbert, the Company’s Chief Executive Officer and Chief Financial Officer. The stock option has an exercise price of $4.51 per share, which is the closing price on the grant date, and will expire 10 years from the grant date. The stock option will vest over four years, with 16,000 shares subject to the option vesting on the one-year anniversary date and the remaining shares vesting in equal annual installments over the following three years, subject to Mr. Gilbert’s continued employment through the applicable vesting date.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TABLE TRAC, INC. (Registrant)

	By:	/s/ Randy Gilbert
		RANDY GILBERT, Chief Executive Officer

	Dated: August 12,2026

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents