Transcat (TRNS) director Craig Cairns buys 1,050 shares, reports sizeable options
Rhea-AI Filing Summary
Transcat Inc. director Craig D. Cairns reported purchasing 1,050 shares of common stock on 2026-08-06 at $93.965 per share through the Howe & Rusling 401(k) Plan FBO Craig D. Cairns, bringing that indirect account’s holdings to 1,480 shares. He also reports 5,003 shares of common stock held directly and 1,910 shares held indirectly via a Howe & Rusling Roth 401(k) plan. In addition, he holds 1,587 restricted stock units that vest on September 10, 2026 and a fully vested stock option for 10,000 underlying shares at an exercise price of $47.14, expiring on 2031-05-12.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,050 shares
Net Buy
5 txns
Insider
Cairns Craig D.
Role
Director
Bought
1,050 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $.50 par value | 1,050 | $93.965 | $99K |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F2 | -- | -- | -- |
| holding | Common Stock, $.50 par value | -- | -- | -- |
| holding | Common Stock, $.50 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $.50 par value — 1,480 shares (Indirect, By Howe & Rusling 401(k) Plan FBO Craig D. Cairns);
Restricted Stock Units — 1,587 shares (Direct);
Stock Option (Right to Buy) — 10,000 shares (Direct);
Common Stock, $.50 par value — 5,003 shares (Direct);
Common Stock, $.50 par value — 1,910 shares (Indirect, By Howe & Rusling Roth 401(k) Plan FBO Craig D. Cairns)
Footnotes (2)
- F1. These restricted stock units, which convert into common stock on a one-for-one basis, vest on September 10, 2026, except as otherwise provided in the award agreement.
- F2. This option is fully vested and exercisable as of the date of this report.
Key Figures
Shares purchased: 1,050 shares
Purchase price: $93.965 per share
Indirect 401(k) holdings: 1,480 shares
+5 more
8 metrics
Shares purchased
1,050 shares
Common stock bought on 2026-08-06 by Howe & Rusling 401(k) Plan FBO Cairns
Purchase price
$93.965 per share
Price for 1,050 common shares acquired on 2026-08-06
Indirect 401(k) holdings
1,480 shares
Common stock held indirectly via Howe & Rusling 401(k) Plan FBO Cairns after purchase
Direct common stock holdings
5,003 shares
Common stock held directly by Craig D. Cairns
Indirect Roth 401(k) holdings
1,910 shares
Common stock held indirectly via Howe & Rusling Roth 401(k) Plan FBO Cairns
Restricted stock units
1,587 units
RSUs converting one-for-one into common stock, vesting on September 10, 2026
Stock option exercise price
$47.14
Fully vested option on 10,000 underlying shares, expiring 2031-05-12
Option underlying shares
10,000 shares
Underlying common shares for fully vested stock option held directly
Key Terms
Restricted Stock Units, Stock Option (Right to Buy), indirect, fully vested and exercisable
4 terms
Restricted Stock Units financial
"These restricted stock units, which 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.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with an exercise price of 47.1400"
indirect financial
"ownership_type is indirect for Howe & Rusling 401(k) Plan FBO Craig D. Cairns"
fully vested and exercisable financial
"This option is fully vested and exercisable as of the date of this report"
FAQ
What insider trade did Transcat (TRNS) director Craig D. Cairns report?
Craig D. Cairns reported purchasing 1,050 shares of Transcat common stock on 2026-08-06 at $93.965 per share. The shares were acquired indirectly through the Howe & Rusling 401(k) Plan FBO Craig D. Cairns.
What restricted stock units does Craig D. Cairns hold in Transcat (TRNS)?
Cairns holds 1,587 restricted stock units, each convertible into one share of Transcat common stock. The units vest on September 10, 2026, except as otherwise provided in the applicable award agreement.
What stock options does Craig D. Cairns have for Transcat (TRNS)?
He holds a fully vested stock option covering 10,000 underlying shares of Transcat common stock at an exercise price of $47.14 per share, with an expiration date of 2031-05-12, as disclosed in the filing.
Was Craig D. Cairns’ Transcat (TRNS) trade under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox indicates false, and no footnote states the trade was made under a Rule 10b5-1 trading plan, so the reported purchase is not identified as pre-planned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
