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[8-K] Transcat Inc Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Transcat, Inc. (Nasdaq: TRNS) filed an 8-K on 16-Jul-2025 reporting a board change under Item 5.02. Director Charles P. Hadeed notified the Company of his intent to retire effective 1-Aug-2025 after 23 years of service, including 18 years as a board member. The filing states the resignation is not related to any disagreement concerning the Company’s operations, policies or practices. No other executive changes, strategic actions or financial data were disclosed.

Transcat, Inc. (Nasdaq: TRNS) ha presentato un modulo 8-K il 16 luglio 2025, riportando una modifica nel consiglio di amministrazione ai sensi del Punto 5.02. Il direttore Charles P. Hadeed ha comunicato all'azienda la sua intenzione di andare in pensione a partire dal 1° agosto 2025, dopo 23 anni di servizio, di cui 18 come membro del consiglio. Il documento specifica che le dimissioni non sono dovute a disaccordi riguardanti le operazioni, le politiche o le pratiche della Società. Non sono state comunicate altre modifiche esecutive, azioni strategiche o dati finanziari.

Transcat, Inc. (Nasdaq: TRNS) presentó un formulario 8-K el 16 de julio de 2025 informando un cambio en la junta directiva bajo el Punto 5.02. El director Charles P. Hadeed notificó a la Compañía su intención de retirarse con efecto a partir del 1 de agosto de 2025 tras 23 años de servicio, incluyendo 18 años como miembro de la junta. El documento indica que la renuncia no está relacionada con ningún desacuerdo respecto a las operaciones, políticas o prácticas de la Compañía. No se divulgaron otros cambios ejecutivos, acciones estratégicas ni datos financieros.

Transcat, Inc. (나스닥: TRNS)는 2025년 7월 16일 8-K 보고서를 제출하며 항목 5.02에 따른 이사회 변동을 보고했습니다. 이사 Charles P. Hadeed는 회사에 23년간의 근무, 그중 18년을 이사회 멤버로 활동한 후 2025년 8월 1일부로 은퇴할 의사를 통보했습니다. 제출된 문서에는 이번 사임이 회사의 운영, 정책 또는 관행과 관련된 어떠한 불일치 때문이 아님을 명시하고 있습니다. 그 외에 다른 임원 변경, 전략적 조치 또는 재무 데이터는 공개되지 않았습니다.

Transcat, Inc. (Nasdaq : TRNS) a déposé un formulaire 8-K le 16 juillet 2025, annonçant un changement au sein du conseil d'administration conformément à l'Article 5.02. Le directeur Charles P. Hadeed a informé la Société de son intention de prendre sa retraite à compter du 1er août 2025, après 23 ans de service, dont 18 ans en tant que membre du conseil. Le document précise que cette démission n’est pas liée à un désaccord concernant les opérations, politiques ou pratiques de la Société. Aucun autre changement exécutif, action stratégique ou données financières n’a été divulgué.

Transcat, Inc. (Nasdaq: TRNS) reichte am 16. Juli 2025 ein 8-K ein und berichtete über eine Änderung im Vorstand unter Punkt 5.02. Direktor Charles P. Hadeed teilte dem Unternehmen mit, dass er beabsichtigt, mit Wirkung zum 1. August 2025 nach 23 Jahren Dienstzeit, davon 18 Jahre als Vorstandsmitglied, in den Ruhestand zu treten. Die Einreichung stellt klar, dass der Rücktritt nicht mit Meinungsverschiedenheiten bezüglich der Geschäftstätigkeiten, Richtlinien oder Praktiken des Unternehmens zusammenhängt. Weitere Änderungen im Management, strategische Maßnahmen oder finanzielle Daten wurden nicht bekannt gegeben.

Positive
  • Orderly, voluntary transition with no stated disagreements reduces perceived governance risk
Negative
  • Loss of long-tenured director may diminish institutional knowledge until a successor is appointed

Insights

TL;DR: Long-tenured director retires; orderly transition, minimal near-term impact.

Mr. Hadeed’s retirement appears planned and amicable, signalling normal succession rather than controversy. While losing a 23-year veteran removes institutional memory, the absence of conflict limits governance risk. Investors should watch for the board’s succession plan and any shift in committee compositions, but no financial implications are evident. Overall, the event is routine and unlikely to affect valuation or strategy.

Transcat, Inc. (Nasdaq: TRNS) ha presentato un modulo 8-K il 16 luglio 2025, riportando una modifica nel consiglio di amministrazione ai sensi del Punto 5.02. Il direttore Charles P. Hadeed ha comunicato all'azienda la sua intenzione di andare in pensione a partire dal 1° agosto 2025, dopo 23 anni di servizio, di cui 18 come membro del consiglio. Il documento specifica che le dimissioni non sono dovute a disaccordi riguardanti le operazioni, le politiche o le pratiche della Società. Non sono state comunicate altre modifiche esecutive, azioni strategiche o dati finanziari.

Transcat, Inc. (Nasdaq: TRNS) presentó un formulario 8-K el 16 de julio de 2025 informando un cambio en la junta directiva bajo el Punto 5.02. El director Charles P. Hadeed notificó a la Compañía su intención de retirarse con efecto a partir del 1 de agosto de 2025 tras 23 años de servicio, incluyendo 18 años como miembro de la junta. El documento indica que la renuncia no está relacionada con ningún desacuerdo respecto a las operaciones, políticas o prácticas de la Compañía. No se divulgaron otros cambios ejecutivos, acciones estratégicas ni datos financieros.

Transcat, Inc. (나스닥: TRNS)는 2025년 7월 16일 8-K 보고서를 제출하며 항목 5.02에 따른 이사회 변동을 보고했습니다. 이사 Charles P. Hadeed는 회사에 23년간의 근무, 그중 18년을 이사회 멤버로 활동한 후 2025년 8월 1일부로 은퇴할 의사를 통보했습니다. 제출된 문서에는 이번 사임이 회사의 운영, 정책 또는 관행과 관련된 어떠한 불일치 때문이 아님을 명시하고 있습니다. 그 외에 다른 임원 변경, 전략적 조치 또는 재무 데이터는 공개되지 않았습니다.

Transcat, Inc. (Nasdaq : TRNS) a déposé un formulaire 8-K le 16 juillet 2025, annonçant un changement au sein du conseil d'administration conformément à l'Article 5.02. Le directeur Charles P. Hadeed a informé la Société de son intention de prendre sa retraite à compter du 1er août 2025, après 23 ans de service, dont 18 ans en tant que membre du conseil. Le document précise que cette démission n’est pas liée à un désaccord concernant les opérations, politiques ou pratiques de la Société. Aucun autre changement exécutif, action stratégique ou données financières n’a été divulgué.

Transcat, Inc. (Nasdaq: TRNS) reichte am 16. Juli 2025 ein 8-K ein und berichtete über eine Änderung im Vorstand unter Punkt 5.02. Direktor Charles P. Hadeed teilte dem Unternehmen mit, dass er beabsichtigt, mit Wirkung zum 1. August 2025 nach 23 Jahren Dienstzeit, davon 18 Jahre als Vorstandsmitglied, in den Ruhestand zu treten. Die Einreichung stellt klar, dass der Rücktritt nicht mit Meinungsverschiedenheiten bezüglich der Geschäftstätigkeiten, Richtlinien oder Praktiken des Unternehmens zusammenhängt. Weitere Änderungen im Management, strategische Maßnahmen oder finanzielle Daten wurden nicht bekannt gegeben.

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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)   July 16, 2025

Transcat, Inc.
(Exact name of registrant as specified in its charter)
Ohio 000-03905 16-0874418
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
35 Vantage Point Drive, Rochester, New York 14624
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (585) 352-7777
 
(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
Common Stock, $0.50 par value TRNS Nasdaq Global Market

 

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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 16, 2025, Charles P. Hadeed notified Transcat, Inc. (the “Company”) of his intention to retire from the board of directors effective as of August 1, 2025. Mr. Hadeed’s resignation is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. The Company thanks Mr. Hadeed for the insight and significant contributions he has provided during his twenty-three years of distinguished service, including eighteen years as a director.

 

 

 

SIGNATURES

 

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.

 

      TRANSCAT, INC.
       
Dated: July 22, 2025   By:     /s/ Thomas L. Barbato
    Name:  Thomas L. Barbato
    Title: Senior Vice President of Finance and Chief Financial Officer

 

 

 

FAQ

Who is resigning from Transcat's (TRNS) board?

Charles P. Hadeed, a director with 23 years of service.

When will Charles Hadeed's resignation become effective?

The retirement is effective August 1, 2025.

Did Hadeed resign due to a disagreement with Transcat?

No. The 8-K states the resignation is not related to any disagreement over operations or policies.

Are there other leadership or financial changes disclosed in this 8-K?

No additional executive changes, transactions, or financial data were provided.
Transcat

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