STOCK TITAN

Transcat director reports RSU grant, 10K option

Transcat director Robert Mecca reported RSU grants, vesting into common shares, and a significant stock option position.

(Neutral)
(Neutral)
Form Type
4

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.

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Insider Mecca Robert
Role Director
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 -- -- --
Holdings After Transaction: Restricted Stock Units — 1,671 contracts (Direct); Common Stock, $.50 par value — 2,291 shares (Direct); Stock Option (Right to Buy) — 10,000 contracts (Direct)
Footnotes (4)
  1. F1. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
  2. 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.
  3. F3. These RSUs vested on September 10, 2026.
  4. 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.
RSUs granted 1,671 units Restricted Stock Units granted on September 9, 2026, vesting September 9, 2027
RSUs vested and converted 1,587 units/shares RSUs vested and converted into common stock on September 10, 2026
Common shares held after transaction 2,291 shares Directly held common stock following September 10, 2026 conversion
Stock option underlying shares 10,000 shares Underlying common shares for stock option position reported as of September 9, 2026
Stock option exercise price $98.88 per share Exercise price for stock option expiring January 24, 2034
Stock option expiration date January 24, 2034 Expiration date of stock option on 10,000 underlying shares
RSU vesting date September 9, 2027 Vesting date for the 1,671 RSUs granted September 9, 2026, per award terms
Restricted Stock Units financial
"These restricted stock units ("RSUs") convert into common stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16b-3 regulatory
"These RSUs were granted in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
pro rata financial
"This option vests and becomes exercisable pro rata with respect to one-fifth"
Pro rata means dividing or distributing something proportionally based on a specific factor, such as ownership or contribution. For example, if an investor owns 10% of a company, they would receive 10% of any dividends or benefits allocated. This approach ensures everyone gets their fair share relative to their stake or input, helping investors understand how benefits, costs, or responsibilities are fairly shared.
vesting financial
"These RSUs were granted ... and vest on September 9, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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?

Robert Mecca received 1,671 Restricted Stock Units (RSUs) on September 9, 2026. The filing states these RSUs were granted in a transaction exempt under Rule 16b-3 and, unless otherwise provided in the award agreement, they vest on September 9, 2027.

What RSUs vested and converted to Transcat (TRNS) common stock in this filing?

On September 10, 2026, 1,587 RSUs vested and were converted into 1,587 shares of Transcat common stock on a one-for-one basis. This is reported as an exercise or conversion of a derivative security into common stock with a $0.00 conversion price.

How many Transcat (TRNS) common shares does Robert Mecca hold after these transactions?

After the September 10, 2026 RSU conversion, Robert Mecca directly holds 2,291 shares of Transcat common stock. This post-transaction holding is explicitly reported in the non-derivative transaction table for the common stock entry.

Were the reported Transcat (TRNS) transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 plan is reported; the document-level checkbox for Rule 10b5-1 is not marked as being used for these transactions.

Do the transactions in this Transcat (TRNS) Form 4 involve market purchases or sales?

No market purchases or sales are reported. The filing reports RSU grants, RSU vesting and conversion into common stock, and an outstanding stock option. The transaction summary shows no open-market buys or sells of common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Mecca Robert

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

(Street)
ROCHESTER NEW YORK 14624

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TRANSCAT INC [ TRNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, $.50 par value09/10/2026M1,587A$0(1)2,291D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)09/09/2026A1,671 (2) (2)Common Stock, $.50 par value1,671$01,671D
Restricted Stock Units$0(1)09/10/2026M1,587 (3) (3)Common Stock, $.50 par value1,587$00D
Stock Option (Right to Buy)$98.88 (4)01/24/2034Common Stock, $.50 par value10,00010,000D
Explanation of Responses:
1. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
2. 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.
3. These RSUs vested on September 10, 2026.
4. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Kristina L. Johnston, Attorney-in-Fact for Robert Mecca09/10/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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