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Transcat (TRNS) Sr. VP awarded 10,380 RSUs and holds options, shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Transcat, Inc. reported an equity award for senior management. Sr. VP of Human Resources Theresa A. Conroy received 10,380 restricted stock units (RSUs) on January 6, 2026, which convert into common stock on a one-for-one basis and, under the 2021 Stock Incentive Plan, generally vest on January 6, 2028. The filing also lists previously granted RSUs totaling 1,098, 783, and 2,024 units that vest on March 25, 2028, March 27, 2027, and March 28, 2026, respectively. In addition, Conroy holds a fully exercisable stock option for 2,000 shares at an exercise price of $63.17 per share and directly owns 836 shares of Transcat common stock.

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SEC Form 4
FORM 4 UNITED 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*
Conroy Theresa A.

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

(Street)
ROCHESTER NY 14624

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRANSCAT INC [ TRNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. VP, Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026
4. 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 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)
Code V Amount (A) or (D) Price
Common Stock, $.50 par value 836 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(1) 01/06/2026 A 10,380 (2) (2) Common Stock, $.50 par value 10,380 $0 10,380 D
Restricted Stock Units $0(1) (3) (3) Common Stock, $.50 par value 1,098 1,098 D
Restricted Stock Units $0(1) (4) (4) Common Stock, $.50 par value 783 783 D
Restricted Stock Units $0(1) (5) (5) Common Stock, $.50 par value 2,024 2,024 D
Stock Option (Right to Buy) $63.17 (6) 05/25/2027 Common Stock, $.50 par value 2,000 2,000 D
Explanation of Responses:
1. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
2. These RSUs were granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on January 6, 2028.
3. These RSUs vest on March 25, 2028, except as otherwise provided in the award notice.
4. These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.
5. These RSUs vest on March 28, 2026, except as otherwise provided in the award notice.
6. This option is fully exercisable as of the date of this report.
/s/ Thomas L. Barbato, Attorney-in-Fact for Theresa A. Conroy 01/08/2026
** 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 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.

FAQ

What insider transaction did Transcat (TRNS) disclose for Theresa A. Conroy?

The company disclosed that Theresa A. Conroy, Sr. VP of Human Resources, received an award of 10,380 restricted stock units (RSUs) on January 6, 2026, reported as an acquisition of derivative securities.

How do the newly granted RSUs for Transcat Sr. VP Conroy vest?

The 10,380 RSUs granted to Theresa A. Conroy were issued under the Transcat, Inc. 2021 Stock Incentive Plan and, except as otherwise provided in the award notice, vest on January 6, 2028. Each RSU converts into one share of Transcat common stock.

What other RSU holdings does Theresa A. Conroy report at Transcat (TRNS)?

In addition to the new grant, Conroy reports RSU holdings of 1,098 units vesting on March 25, 2028, 783 units vesting on March 27, 2027, and 2,024 units vesting on March 28, 2026, each convertible into Transcat common stock on a one-for-one basis.

What stock options does Theresa A. Conroy hold in Transcat?

Theresa A. Conroy holds a stock option to purchase 2,000 shares of Transcat common stock at an exercise price of $63.17 per share. The option is reported as fully exercisable as of the date of the report and expires on May 25, 2027.

How many Transcat common shares does Theresa A. Conroy directly own?

The filing shows that Conroy directly owns 836 shares of Transcat common stock, $.50 par value, following the reported transactions. These are reported as directly held, not through an intermediary entity.

Under what plan were the new Transcat RSUs for Conroy granted?

The 10,380 RSUs granted to Theresa A. Conroy were issued under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction described as exempt under Rule 16b-3.

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