Transcat director reports RSU grant, 10K option
Transcat director Robert Mecca reported RSU grants, vesting into common shares, and a significant stock option position.
Rhea-AI Filing Summary
TRANSCAT INC (TRNS) director Robert Mecca reported equity compensation activity. On September 9, 2026, he received 1,671 Restricted Stock Units (RSUs) that, except as otherwise provided in the award agreement, vest on September 9, 2027, and convert into common stock on a one-for-one basis. On September 10, 2026, 1,587 RSUs vested and were converted into 1,587 shares of common stock, leaving him with 2,291 common shares held directly. He also reports a stock option on 10,000 underlying shares at an exercise price of $98.88 per share, vesting pro rata over five years and expiring January 24, 2034. No transactions were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,587 | $0.00 | $0.00 |
| Exercise | Common Stock, $.50 par value F1 | 1,587 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2 | 1,671 | $0.00 | $0.00 |
| holding | Stock Option (Right to Buy) F4 | -- | -- | -- |
Footnotes (4)
- F1. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. These RSUs were granted in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest on September 9, 2027.
- F3. These RSUs vested on September 10, 2026.
- F4. This option vests and becomes exercisable pro rata with respect to one-fifth of the shares subject to the option on the first, second, third, fourth and fifth anniversaries of the date of grant, except as otherwise provided in the award notice.
Key Figures
Key Terms
Restricted Stock Units financial
Rule 16b-3 regulatory
pro rata financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Transcat (TRNS) director Robert Mecca receive in this Form 4?
What RSUs vested and converted to Transcat (TRNS) common stock in this filing?
Were the reported Transcat (TRNS) transactions made under a Rule 10b5-1 trading plan?
Do the transactions in this Transcat (TRNS) Form 4 involve market purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.