Transcat Inc (TRNS) COO awarded 12,028 RSUs vesting in 2028 under stock plan
Rhea-AI Filing Summary
Transcat Inc. Chief Operating Officer Michael W. West reported an equity award of 12,028 restricted stock units (RSUs) on January 6, 2026. The RSUs were granted under the Transcat, Inc. 2021 Stock Incentive Plan at a stated price of $0 and will vest on January 6, 2028, converting into common stock on a one-for-one basis.
In addition to this new grant, West holds other RSU awards covering 1,286, 2,000, 916, 1,000 and 725 shares with vesting dates in 2026, 2027 and 2028, all on a direct ownership basis. He also directly owns 25,479 shares of Transcat common stock following the reported transactions.
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FAQ
What insider transaction did Transcat (TRNS) report for Michael W. West?
Transcat reported that Chief Operating Officer Michael W. West received an award of 12,028 restricted stock units (RSUs) on January 6, 2026 under the company’s 2021 Stock Incentive Plan.
When do Michael W. West’s new Transcat RSUs vest and how are they settled?
The 12,028 RSUs granted on January 6, 2026 vest on January 6, 2028 and each RSU converts into one share of Transcat common stock upon vesting.
What other restricted stock units does the Transcat COO hold according to this filing?
Beyond the new 12,028-unit grant, Michael W. West holds additional RSU awards over 1,286, 2,000, 916, 1,000 and 725 shares with vesting dates in 2026, 2027 and 2028, all reported as directly owned.
How many Transcat common shares does Michael W. West own after the reported transactions?
Following the reported transactions, Michael W. West directly owns 25,479 shares of Transcat common stock, in addition to his RSU holdings.
Under which plan were the new Transcat RSUs for the COO granted?
The 12,028 RSUs granted to Michael W. West were issued under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction described as exempt under Rule 16b-3.
What are the vesting dates for Michael W. West’s existing Transcat RSU awards?
The filing states that certain RSUs vest on March 28, 2026, March 27, 2027, April 8, 2027 and March 25, 2028, in addition to the new grant vesting on January 6, 2028.