Transcat CEO exercises 12,952 RSUs, pays tax in shares
Transcat Inc. President and CEO Lee D. Rudow reported compensation-related equity activity, not open-market trading.
Rhea-AI Filing Summary
Transcat Inc. President and CEO Lee D. Rudow reported compensation-related equity activity, not open-market trading. On March 26, 2026 and March 28, 2026, he exercised restricted stock units (RSUs) that converted into a total of 12,952 shares of common stock, with 4,837 shares withheld to cover tax obligations.
After these transactions, Rudow directly holds 100,671 shares of Transcat common stock. He also retains equity incentives, including stock options covering 10,000 shares at an exercise price of $63.17 per share expiring on May 25, 2027, and multiple RSU awards that continue to vest through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,952 shares exercised/converted
Exercise
11 txns
Insider
Rudow Lee D.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,785 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,167 | $0.00 | $0.00 |
| Exercise | Common Stock, $.50 par value | 3,785 | $0.00 | $0.00 |
| Exercise | Common Stock, $.50 par value | 4,167 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $.50 par value | 2,970 | $71.32 | $212K |
| Exercise | Restricted Stock Units | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock, $.50 par value | 5,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $.50 par value | 1,867 | $72.97 | $136K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 27,040 contracts for 18,707 underlying shares (Direct);
Common Stock, $.50 par value — 101,868 shares (Direct);
Stock Option (Right to Buy) — 10,000 contracts (Direct)
Footnotes (8)
- F1. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. Includes 46 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan and adjusted to reduce the amount by 157 shares due to administrative errors in the reporting personââ¬â¢s prior Form 4 reports
- F3. Shares withheld to cover tax withholding obligations on the vesting of RSUs.
- F4. 5,000 RSUs vested on March 26, 2026 and the remaining 3,785 RSUs vested on March 28, 2026.
- F5. 4,167 RSUs vested on March 28, 2026 and the remaining 8,333 RSUs vest March 27, 2027, subject to continued employment through each vesting date.
- F6. These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.
- F7. These RSUs vest on March 25, 2028, except as otherwise provided in the award notice.
- F8. This option is fully exercisable as of the date of this report.
Key Figures
RSU shares exercised: 12,952 shares
Shares withheld for taxes: 4,837 shares
Common shares held after: 100,671 shares
+5 more
8 metrics
RSU shares exercised
12,952 shares
Total RSU conversions reported with code M
Shares withheld for taxes
4,837 shares
Tax-withholding dispositions coded F at ~$71–$73
Common shares held after
100,671 shares
Direct Transcat common stock holdings post-transaction
Stock option exercise price
$63.17/share
10,000-share option fully exercisable, expiring May 25, 2027
Option underlying shares
10,000 shares
Underlying common stock for outstanding stock option
RSU award underlying shares
14,782 shares
One RSU grant convertible into common stock
Additional RSU award underlying shares
3,925 shares
Second RSU grant convertible into common stock
Tax-withholding prices
$71.32 and $72.97
Per-share prices for F-code dispositions
Key Terms
Restricted Stock Units, tax withholding obligations, Stock Option (Right to Buy), Employee Stock Purchase Plan, +2 more
6 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.
tax withholding obligations financial
"Shares withheld to cover tax withholding obligations on the vesting of RSUs."
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
Employee Stock Purchase Plan financial
"Includes 46 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
vested financial
"5,000 RSUs vested on March 26, 2026 and the remaining 3,785 RSUs vested on March 28, 2026."
fully exercisable financial
"This option is fully exercisable as of the date of this report."
FAQ
What insider transactions did Transcat (TRNS) CEO Lee D. Rudow report?
Lee D. Rudow reported exercising restricted stock units into 12,952 shares of Transcat common stock and related tax-withholding dispositions totaling 4,837 shares. These are compensation-driven events rather than open-market trades, tied to RSU vesting in late March 2026.
Were Lee D. Rudow’s March 2026 Transcat (TRNS) transactions open-market buys or sales?
No, the Form 4 shows no open-market purchases or sales. Rudow’s transactions are RSU conversions coded “M” and tax-withholding dispositions coded “F,” meaning shares were issued from equity awards and some were withheld to satisfy tax obligations on vesting.
What RSU awards remain outstanding for Lee D. Rudow at Transcat (TRNS)?
Rudow retains RSU awards that convert into 14,782 and 3,925 underlying Transcat common shares, respectively. Footnotes state that portions of these RSUs vest on March 27, 2027 and March 25, 2028, subject to continued employment and award notice terms.
What stock options does Transcat (TRNS) CEO Lee D. Rudow still hold?
Rudow holds a fully exercisable stock option covering 10,000 shares of Transcat common stock at an exercise price of $63.17 per share. According to the filing, this option remains outstanding and is scheduled to expire on May 25, 2027.
What do the tax-withholding dispositions mean in the Transcat (TRNS) Form 4?
The tax-withholding dispositions, totaling 4,837 shares at prices around $71–$73, represent shares withheld to cover Rudow’s tax obligations on RSU vesting. They are coded “F,” indicating they are not discretionary open-market sales but part of standard equity compensation mechanics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
