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TechPrecision (TPCS) director awarded 16,507-share stock compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TECHPRECISION CORP director Walter Milton Schenker reported stock-based compensation awards rather than open‑market trades. On March 6, 2026 he acquired 12,228 shares of restricted common stock and an additional 4,279 shares as stock grants at no cash cost.

The 12,228-share restricted stock award will vest in full on October 28, 2026, subject to its conditions, and was issued in lieu of 50% of his annual cash fee for the 2025 independent director service period. Following these awards, he directly holds 79,727 common shares.

He also reports 300,902 common shares held indirectly through MAZ Partners LP. These are attributed to MAZ Partners LP, and he disclaims beneficial ownership beyond his pecuniary interest.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schenker Walter Milton

(Last) (First) (Middle)
C/O TECHPRECISION CORPORATION
1 BELLA DRIVE

(Street)
WESTMINSTER MA 01473

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TECHPRECISION CORP [ TPCS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2026 A 12,228(1) A $0 75,448 D
Common Stock 03/06/2026 A 4,279(2) A $0 79,727 D
Common Stock 300,902 I Held by MAZ Partners LP(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Reporting Person received an award of 12,228 shares of restricted stock on March 6, 2026, which, subject to the conditions of the award, will vest in its entirety on October 28, 2026.
2. This stock grant was issued in lieu of 50% of the annual cash fee payable to the Reporting Person for service as an independent director of TechPrecision Corporation for the 2025 service period.
3. MAZ Capital Advisors, LLC is the General Partner of MAZ Partners LP, and the reporting person is the sole member and manager of MAZ Capital Advisors, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
/s/ Phillip Podgorski, attorney-in-fact for Walter Schenker 03/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Walter Milton Schenker report at TECHPRECISION (TPCS)?

Walter Milton Schenker reported two stock-based compensation awards in TECHPRECISION common stock, totaling 16,507 shares. These were granted on March 6, 2026 as share awards, not open‑market purchases, increasing his reported direct holdings to 79,727 common shares.

How many TECHPRECISION shares did Schenker receive and at what price?

Schenker received 12,228 restricted shares and 4,279 additional common shares, totaling 16,507 shares. The awards were recorded at a price of $0.0000 per share, reflecting compensation grants rather than cash purchases, and were issued as equity in lieu of cash fees.

When do Walter Schenker’s restricted TECHPRECISION shares vest?

The 12,228-share restricted stock award to Walter Schenker is scheduled to vest in its entirety on October 28, 2026. Vesting remains subject to the conditions of the award, meaning he must satisfy specified service or other requirements for full ownership.

Why did TECHPRECISION grant restricted stock instead of cash fees to Schenker?

The company issued 12,228 restricted shares to Schenker in lieu of 50% of the annual cash fee for his 2025 independent director service period. This structure compensates him partly in equity, aligning director compensation more closely with shareholder value rather than paying entirely in cash.

What indirect TECHPRECISION holdings are reported for Schenker through MAZ Partners LP?

The filing reports 300,902 TECHPRECISION common shares held indirectly through MAZ Partners LP. MAZ Capital Advisors, LLC is the general partner, and Schenker is its sole member and manager, but he disclaims beneficial ownership of these shares except for his pecuniary interest in the partnership.

How many TECHPRECISION shares does Schenker hold directly after these awards?

After the March 6, 2026 stock awards, Schenker’s direct ownership is reported as 79,727 TECHPRECISION common shares. This figure reflects his personal holdings separate from the 300,902 shares held indirectly through MAZ Partners LP, where he reports only a pecuniary interest.
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Metal Fabrication
Fabricated Structural Metal Products
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United States
WESTMINSTER