Transcat (TRNS) CEO Jaime Irick receives 15,043 restricted stock units as equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Transcat Inc. reported that President and CEO Jaime A. Irick received a grant of 15,043 restricted stock units (RSUs). These RSUs were awarded at no cash cost under the Transcat, Inc. 2021 Stock Incentive Plan and convert into common stock on a one-for-one basis.

According to the award terms, the RSUs generally vest on March 31, 2029, subject to the plan and award notice conditions. Following this grant, Irick holds 15,043 RSUs directly, reflecting a compensation-related equity award rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider IRICK JAIME A

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	15,043	$0.00	--

Holdings After Transaction: Restricted Stock Units — 15,043 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 15,043 units RSUs after transaction: 15,043 units RSU conversion ratio: 1:1 into common stock +2 more

5 metrics

RSUs granted 15,043 units Restricted stock units awarded to CEO Jaime A. Irick

RSUs after transaction 15,043 units Total restricted stock units held directly following grant

RSU conversion ratio 1:1 into common stock Each RSU converts into one share of common stock

Vesting date March 31, 2029 Scheduled vesting date for the RSU award

Transaction code A Grant, award, or other acquisition of derivative security

Key Terms

Restricted Stock Units, Transcat, Inc. 2021 Stock Incentive Plan, Rule 16b-3, vest

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.

Transcat, Inc. 2021 Stock Incentive Plan financial

"were granted under the Transcat, Inc. 2021 Stock Incentive Plan, as amended"

Rule 16b-3 regulatory

"granted under the Transcat, Inc. 2021 Stock Incentive Plan, as amended, 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.

vest financial

"and, except as otherwise provided in the award notice, vest on March 31, 2029"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 04:30 PM

SEC Form 4

FORM 4

UNITED 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^*

IRICK JAIME A

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽¹⁾	05/27/2026		A		15,043		⁽¹⁾	⁽¹⁾	Common Stock, $.50 par value	15,043	$0	15,043	D

Explanation of Responses:

1. These restricted stock units, which convert into common stock on a one-for-one basis, 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.

	/s/ Kristina L. Johnston, Attorney-in-Fact for Jaime A. Irick	05/28/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Transcat (TRNS) CEO Jaime Irick report in this Form 4?

Jaime A. Irick reported receiving a grant of 15,043 restricted stock units. The award is part of his equity compensation and does not involve an open-market purchase or sale of Transcat common stock.

How many Transcat (TRNS) restricted stock units were granted to the CEO?

The CEO received 15,043 restricted stock units. These RSUs convert into Transcat common stock on a one-for-one basis, providing potential future ownership if vesting conditions under the company’s stock incentive plan are satisfied.

When do Jaime Irick’s Transcat (TRNS) RSUs vest?

The RSUs are scheduled to vest on March 31, 2029. Vesting is governed by the Transcat, Inc. 2021 Stock Incentive Plan and the specific award notice, which may include additional conditions or provisions affecting vesting.

Were Jaime Irick’s Transcat (TRNS) RSUs granted under a specific plan?

Yes, the restricted stock units were granted under the Transcat, Inc. 2021 Stock Incentive Plan, as amended. This plan governs equity-based compensation awards for eligible participants, including executives, under established terms and conditions.

Does this Transcat (TRNS) Form 4 show any stock sales or purchases?

The Form 4 shows an equity award, not an open-market trade. Jaime Irick acquired 15,043 restricted stock units as a grant, with no reported purchases or sales of Transcat common stock in the market in this filing.

What is the conversion ratio for Jaime Irick’s Transcat (TRNS) RSUs?

Each restricted stock unit converts into one share of Transcat common stock. This one-for-one conversion occurs upon vesting, subject to the terms and conditions outlined in the 2021 Stock Incentive Plan and the related award notice.