[144] Transcat Inc SEC Filing
Transcat Inc (TRNS) filed a Form 144 notifying the market of a proposed sale of 10,000 common shares with an aggregate market value of $821,200. The sale is to be executed approximately on 08/26/2025 on Nasdaq. The filing shows the seller acquired underlying shares through a direct purchase (324 shares purchased for cash on 11/05/2012) and vested restricted stock units (50,946 shares vested on 08/20/2019 as equity compensation). The issuer has 9,319,079 shares outstanding per the form. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.
- Form 144 disclosure completed, providing market transparency about an insider resale
- Sale size is small relative to outstanding shares (~0.11%), limiting immediate market impact
- None.
Insights
TL;DR: Routine insider sale disclosure; modest size relative to outstanding shares.
The Form 144 documents a proposed sale of 10,000 Transcat common shares valued at $821,200. Against 9.32 million shares outstanding, this represents roughly 0.11% of outstanding stock, indicating a limited direct market impact. The disclosed acquisition sources—small direct purchase and a larger block from vested RSUs—are typical for executive or insider monetization. No information here indicates undisclosed material developments at the company; the seller affirms no such knowledge.
TL;DR: Filing satisfies Rule 144 notice requirements; no compliance red flags in form content.
The notice contains required elements: class of security, broker, number of shares, aggregate value, approximate sale date, and acquisition history. There are blank fields for some filer/issuer contact details in the provided extract, but the core sale and acquisition disclosures are present. From a regulatory perspective, this appears to be a routine, compliant notification of an intended resale under Rule 144.