STOCK TITAN

Track Group director granted 325K restricted shares

Track Group, Inc. (TRCK) reported that director Kyle Thomas Kidd received an award of 325,000 shares of common stock as a grant or other acquisition.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Track Group, Inc. (TRCK) reported that director Kyle Thomas Kidd received an award of 325,000 shares of common stock as a grant or other acquisition. The award is structured as restricted stock, with 65,000 shares vesting on each of April 30, 2027, 2028, 2029, 2030, and 2031. Following this award, Kidd holds 325,000 shares directly.

Positive

  • None.

Negative

  • None.
Insider Kidd Kyle Thomas
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 325,000 $0.00 $0.00
Holdings After Transaction: Common Stock — 325,000 shares (Direct)
Footnotes (1)
  1. F1. Represents an award of restricted stock, of which 65,000 shares vest on each of April 30, 2027, April 30, 2028, April 30, 2029, April 30, 2030 and April 30, 2031.
Restricted stock award 325,000 shares of Common Stock Grant/award acquisition reported by director Kyle Thomas Kidd
Award price per share $0.0000 per share Reported transaction price for the restricted stock grant
Shares vesting per installment 65,000 shares Each vesting date on April 30, 2027, 2028, 2029, 2030 and 2031
Total shares following transaction 325,000 shares Direct ownership of Kyle Thomas Kidd after the award
Number of vesting dates 5 dates Annual vesting from April 30, 2027 through April 30, 2031
restricted stock financial
"Represents an award of restricted stock, of which 65,000 shares vest"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"65,000 shares vest on each of April 30, 2027, April 30, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"

FAQ

What insider transaction did TRCK director Kyle Thomas Kidd report on this Form 4?

Kyle Thomas Kidd reported receiving a grant of 325,000 shares of Track Group, Inc. common stock as restricted stock. The shares were acquired at a reported price of $0.0000 per share, reflecting a compensatory award rather than an open-market purchase.

How does the 325,000-share restricted stock award for TRCK vest?

The 325,000 restricted shares for Track Group, Inc. vest in five equal installments of 65,000 shares each. Vesting occurs on April 30 of 2027, 2028, 2029, 2030, and 2031, according to the footnote disclosure.

What is Kyle Thomas Kidd’s direct TRCK share ownership after this transaction?

After the reported award, Kyle Thomas Kidd directly owns 325,000 shares of Track Group, Inc. common stock. This total reflects the full amount of the restricted stock grant reported in this Form 4 filing.

Was the TRCK restricted stock grant to Kyle Thomas Kidd a market purchase or a compensation award?

The transaction is coded as a grant, award, or other acquisition (Code A) with a price of $0.0000 per share, indicating it is a compensation-related restricted stock award rather than an open-market purchase or sale.

Does this TRCK Form 4 involve any derivative securities or option exercises?

No. The filing reports only a non-derivative award of common stock. The derivative securities summary is empty, and there are no option exercises, conversions, or other derivative transactions disclosed.

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

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SEC Form 4
FORM 4UNITED 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*
Kidd Kyle Thomas

(Last)(First)(Middle)
C/O TRACK GROUP, INC.
200 E 5TH AVE, SUITE 100

(Street)
NAPERVILLE ILLINOIS 60563

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Track Group, Inc. [ TRCK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/21/2026A325,000(1)A$0325,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock, of which 65,000 shares vest on each of April 30, 2027, April 30, 2028, April 30, 2029, April 30, 2030 and April 30, 2031.
/s/ Kyle Thomas Kidd08/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)