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[Form 3] Transcat Inc Initial Statement of Beneficial Ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3
Rhea-AI Filing Summary

Kristina L. Johnston, Principal Accounting Officer of Transcat, Inc. (TRNS), reports beneficial ownership of 358 restricted stock units (RSUs) awarded under the Transcat, Inc. 2021 Stock Incentive Plan. Each RSU converts into one share of common stock on a one-for-one basis and, unless noted otherwise in the award, vests on March 25, 2028. The statement indicates direct ownership of these RSUs.

Positive
  • None.
Negative
  • None.

Insights

TL;DR Routine insider disclosure: an officer holds 358 RSUs vesting in 2028, a non-material equity grant for investors to note.

This Form 3 records an officer-level initial beneficial ownership of equity compensation rather than open-market trading. The position is relatively small—358 RSUs represent a modest equity stake for a public company officer—and the award converts one-for-one into common shares, vesting on a fixed future date. For valuation or dilution analysis, investors would compare the share count to total outstanding common shares, which is not provided in this filing.

TL;DR Standard Section 16 disclosure: officer-level RSU grant recorded; no governance red flags in the filing itself.

The disclosure identifies the reporting person as an officer with direct ownership of RSUs issued under the companys 2021 Stock Incentive Plan. The grants vesting schedule is explicit, which provides transparency on future potential share issuance. There are no indications of related-party transactions, immediate selling, or unusual derivative instruments disclosed here.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Johnston Kristina L

(Last) (First) (Middle)
C/O TRANSCAT, INC.
35 VANTAGE POINT DRIVE

(Street)
ROCHESTER NY 14624

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/10/2025
3. Issuer Name and Ticker or Trading Symbol
TRANSCAT INC [ TRNS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Principal Accounting Officer
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) (1) Common Stock, $.50 par value 358 $0(1) D
Explanation of Responses:
1. These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Transcat, Inc. 2021 Stock Incentive Plan and, except as otherwise provided in the award notice, vest on March 25, 2028.
/s/ Kristina L. Johnston 09/11/2025
** 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 5 (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

Who filed the Form 3 for Transcat, Inc. (TRNS)?

Kristina L. Johnston, listed as the Principal Accounting Officer, filed the Form 3 reporting her beneficial ownership.

How many restricted stock units does Kristina L. Johnston report owning?

358 restricted stock units (RSUs) are reported as directly owned.

When do the RSUs reported on the Form 3 vest and convert?

The RSUs vest on March 25, 2028 and convert into common stock on a one-for-one basis under the award terms.

Under which plan were the RSUs granted?

The Transcat, Inc. 2021 Stock Incentive Plan is cited as the grant source for the RSUs.

Does this Form 3 disclose derivatives or option exercises?

No derivative securities or option exercises are disclosed; only restricted stock units are reported.
Transcat

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Specialty Business Services
Instruments for Meas & Testing of Electricity & Elec Signals
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United States
ROCHESTER