Transcat CIO granted 1,382 restricted stock units
Haddad Michael Jacques reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Haddad Michael Jacques reported acquisition or exercise transactions in this Form 4 filing.
Transcat Inc.’s Chief Information Officer Michael Jacques Haddad received a grant of 1,382 restricted stock units (RSUs), each convertible into one share of common stock on a one-for-one basis. These RSUs were granted under the Transcat, Inc. 2021 Stock Incentive Plan and, except as otherwise provided in the award notice, vest on March 31, 2029.
The filing also lists existing RSU awards with underlying common shares of 730, 1,017 and 5,190, which vest on March 27, 2027, January 6, 2028 and March 25, 2028, respectively, providing a schedule of future equity-based compensation for the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,382 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (5)
- F1. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. These RSUs were granted under the Transcat, Inc. 2021 Stock Incentive Plan, as amended, in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on March 31, 2029.
- F3. These RSUs vest on January 6, 2028, except as otherwise provided in the award notice.
- F4. These RSUs vest on March 25, 2028, except as otherwise provided in the award notice.
- F5. These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.
Key Figures
Key Terms
Restricted Stock Units financial
Transcat, Inc. 2021 Stock Incentive Plan financial
Rule 16b-3 regulatory
vest financial
par value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Transcat (TRNS) report for Michael Jacques Haddad?
How many restricted stock units were granted to the Transcat (TRNS) CIO?
When do Michael Jacques Haddad’s new Transcat (TRNS) RSUs vest?
What other RSU awards for Transcat (TRNS) are disclosed in this filing?
Under which plan were the new Transcat (TRNS) RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.