Director Victor Renuart gains stock grants at TechPrecision (TPCS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Renuart Victor Eugene reported acquisition or exercise transactions in this Form 4 filing.
TECHPRECISION CORP director Victor Eugene Renuart increased his equity stake through stock awards. On March 6, 2026, he received compensation-related grants totaling 18,206 shares of common stock. One award of 12,228 restricted shares will fully vest on October 28, 2026, subject to the award’s conditions, and was issued in lieu of 50% of his annual cash fee for the 2025 service period. Following these awards, he directly owns 31,926 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Renuart Victor Eugene
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,228 | $0.00 | -- |
| Grant/Award | Common Stock | 5,978 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,948 shares (Direct)
Footnotes (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. 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.
FAQ
What did TECHPRECISION (TPCS) director Victor Renuart report in this Form 4?
Director Victor Eugene Renuart reported receiving stock awards in TECHPRECISION CORP common shares. The transactions were coded as grants or awards rather than open-market purchases, reflecting equity-based compensation for his service on the company’s board.
What are the vesting terms of Victor Renuart’s restricted stock award at TECHPRECISION (TPCS)?
One award comprises 12,228 restricted shares that will vest in full on October 28, 2026, subject to award conditions. Until vesting, these shares remain restricted, aligning the director’s compensation with future service and company performance over the vesting period.