[Form 4] Transcat Inc Insider Trading Activity
Craig D. Cairns, a director of Transcat Inc. (TRNS), reported changes in his beneficial ownership. The filing shows restricted stock units (RSUs) converting to common stock on a one-for-one basis, with 1,587 RSUs reported as acquired on 09/10/2025 and shown as 1,587 shares beneficially owned directly. An additional 704 RSUs are reported with transaction code M on 09/11/2025. Following the reported transactions, Mr. Cairns directly beneficially owns 5,003 shares of common stock and holds a stock option for 10,000 shares with a $47.14 exercise price exercisable pro rata through 05/12/2031. He also has indirect holdings via the Howe & Rusling 401(k) plan (430 shares) and Roth 401(k) plan (1,910 shares). The filing was signed by an attorney-in-fact on Mr. Cairns' behalf.
Craig D. Cairns, direttore di Transcat Inc. (TRNS), ha comunicato cambiamenti nella sua proprietà beneficiaria. La dichiarazione mostra che le unità di azioni limitate (RSU) si trasformano in azioni ordinarie su base uno-a-uno, con 1.587 RSU riportate come acquisite il 10/09/2025 e indicate come 1.587 azioni direttamente detenute. Ulteriori 704 RSU sono riportate con codice di transazione M il 11/09/2025. A seguito delle transazioni segnalate, il signor Cairns detiene direttamente 5.003 azioni ordinarie e possiede una opzione su azioni per 10.000 azioni con un prezzo di esercizio di $47,14 esercitabile pro rata fino al 12/05/2031. Ha inoltre partecipazioni indirette tramite il piano 401(k) Howe & Rusling (430 azioni) e il piano Roth 401(k) (1.910 azioni). La dichiarazione è stata firmata da un procuratore in nome del signor Cairns.
Craig D. Cairns, director de Transcat Inc. (TRNS), informó cambios en su propiedad beneficiosa. La declaración muestra unidades de stock restringido (RSUs) que se convierten en acciones ordinarias en una base uno a uno, con 1,587 RSU reportadas como adquiridas el 09/10/2025 y mostradas como 1,587 acciones poseídas directamente. Un adicional de 704 RSU se reporta con el código de transacción M el 11/09/2025. Tras las transacciones reportadas, el Sr. Cairns posee directamente 5,003 acciones de acciones ordinarias y posee una opción de acciones para 10,000 acciones con un precio de ejercicio de $47.14 exercitándose pro rata hasta el 12/05/2031. También tiene participaciones indirectas a través del plan 401(k) Howe & Rusling (430 acciones) y el plan Roth 401(k) (1,910 acciones). La declaración fue firmada por un apoderado en nombre del Sr. Cairns.
Craig D. Cairns, 트랜스캇 주식회사(TRNS)의 이사로서, 그의 유익 소유에 변화가 보고되었습니다. 제출서는 제한 주식 단위(RSU)가 1대 1 비율로 일반 주식으로 전환되며, 1,587 RSU가 2025-09-10에 취득으로 보고되고 1,587주를 직접 유리하게 보유하는 것으로 표시됩니다. 추가로 704 RSU가 2025-09-11에 거래 코드 M으로 보고되었습니다. 보고된 거래 이후, Cairns 씨는 일반 주식 5,003주를 직접 유리하게 보유하고 있으며, 행사가격 $47.14의 10,000주에 대한 주식옵션을 2031-05-12까지 비례 행사할 수 있습니다. 또한 Howe & Rusling 401(k) 계획(430주)과 Roth 401(k) 계획(1,910주)을 통해 간접 보유도 있습니다. 제출서는 Cairns 씨를 대신해 대리인이 서명했습니다.
Craig D. Cairns, administrateur de Transcat Inc. (TRNS), a signalé des changements dans sa propriété bénéficiaire. Le dépôt indique que les unités d’actions restreintes (RSU) se convertissent en actions ordinaires sur une base une pour une, avec 1 587 RSU rapportées comme acquises le 10/09/2025 et affichées comme 1 587 actions détenues directement. Une autre 704 RSU est rapportée avec le code de transaction M le 11/09/2025. Suite aux transactions rapportées, M. Cairns détient directement 5 003 actions ordinaires et détient une option d’achat pour 10 000 actions avec un prix d’exercice de 47,14 $ exerçable pro rata jusqu’au 12/05/2031. Il détient également des participations indirectes via le plan 401(k) Howe & Rusling (430 actions) et le plan Roth 401(k) (1 910 actions). Le dépôt a été signé par un mandataire au nom de M. Cairns.
Craig D. Cairns, ein Direktor von Transcat Inc. (TRNS), meldete Änderungen in seinem vorteilhaften Eigentum. Die Einreichung zeigt, dass Restricted Stock Units (RSUs) eins-zu-eins in Stammaktien umgewandelt werden, wobei 1.587 RSU am 10.09.2025 als erworben gemeldet wurden und als 1.587 Aktien direkt vorteilhaft gehalten werden. Zusätzlich werden 704 RSU mit Transaktionscode M am 11.09.2025 gemeldet. Nach den gemeldeten Transaktionen besitzt Mr. Cairns direkt vorteilhaft 5.003 Aktien der Stammaktien und hält eine Aktienoption für 10.000 Aktien mit einem Ausübungspreis von 47,14 $, ausübbar pro rata bis zum 12.05.2031. Er hat auch indirekte Beteiligungen über den Howe & Rusling 401(k) Plan (430 Aktien) und den Roth 401(k) Plan (1.910 Aktien). Die Einreichung wurde von einem Rechtsbevollmächtigten im Namen von Mr. Cairns unterzeichnet.
كريج د. كيرنز، مدير في Transcat Inc. (TRNS)، أبلغ عن تغييرات في ملكيته المفيدة. تُظهر الوثائق الوحدات الممنوحة من الأسهم المقيدة (RSUs) تتحول إلى أسهم عادية بنسبة واحد إلى واحد، مع 1,587 RSU مذكورة كمكتسبة في 09/10/2025 ومبينة كـ 1,587 سهم مملوك بشكل مباشر. كما يُذكر 704 RSU إضافية مع رمز المعاملة M في 09/11/2025. بعد المعاملات المبلغ عنها، يملك السيد كيرنز بشكل مباشر 5,003 أسهم من الأسهم العادية ويمتلك خيار أسهم لـ 10,000 سهم بسعر ممارسة 47.14 دولار قابلة للتفعيل بالتناسب حتى 12/05/2031. كما أن لديه ممتلكات غير مباشرة عبر خطة 401(k) Howe & Rusling (430 سهم) وخطة Roth 401(k) (1,910 سهم). وُقعت الوثيقة بواسطة وكيل قانوني نيابة عن السيد كيرنز.
Craig D. Cairns，Transcat Inc.（TRNS）董事，报告了其受益所有权的变动。该备案显示受限股票单位（RSU）按一对一的 basis 转换为普通股，1,587 个 RSU 被报告于 2025-09-10 获得，并显示为直接持有的 1,587 股。另外 704 RSU 于 2025-09-11 的交易代码为 M 的交易被报告。按所述交易，Cairns 先生直接受益持有 5,003 股 普通股，并持有 10,000 股股票期权，行使价格为 $47.14，可按比例行使至 2031-05-12。他还通过 Howe & Rusling 的 401(k) 计划（430 股）和 Roth 401(k) 计划（1,910 股）拥有间接持股。该备案由 Cairns 先生的代理律师签署。
- 1,587 shares issued from vested RSUs, increasing direct ownership and aligning the director with shareholder interests
- 10,000-share stock option outstanding at a $47.14 strike, providing long-term incentive alignment
- Retirement-plan holdings (430 and 1,910 shares) indicate additional indirect ownership and continued exposure to company performance
- None.
Insights
TL;DR: Director received vested RSUs and retains sizeable option and plan-based holdings, a routine insider compensation and ownership update.
The Form 4 discloses compensation-related equity activity rather than open-market trading. The conversion of RSUs into 1,587 shares and an additional 704 RSUs recorded under transaction codes indicate vesting and plan-directed issuance. The presence of a 10,000-share option at a $47.14 strike with multi-year vesting schedules is typical of executive alignment with shareholder value over time. Retirement-plan indirect holdings add modest additional exposure. Overall, this is standard equity compensation and internal alignment, not an immediate liquidity event or sale.
TL;DR: Filing reflects standard governance practice: equity awards vesting and disclosure of officer/director holdings, supporting alignment with shareholders.
This Form 4 documents award mechanics and beneficial ownership categories: direct ownership from vested RSUs and stock options, plus indirect holdings via 401(k) plans. The reported use of Rule 16b-3 exemption for RSU grants is consistent with board-approved compensation practices. No director departures, sales, or unusual transactions are disclosed. From a governance perspective, the filing increases transparency about insider incentives and retained exposure to company performance.
Craig D. Cairns, direttore di Transcat Inc. (TRNS), ha comunicato cambiamenti nella sua proprietà beneficiaria. La dichiarazione mostra che le unità di azioni limitate (RSU) si trasformano in azioni ordinarie su base uno-a-uno, con 1.587 RSU riportate come acquisite il 10/09/2025 e indicate come 1.587 azioni direttamente detenute. Ulteriori 704 RSU sono riportate con codice di transazione M il 11/09/2025. A seguito delle transazioni segnalate, il signor Cairns detiene direttamente 5.003 azioni ordinarie e possiede una opzione su azioni per 10.000 azioni con un prezzo di esercizio di $47,14 esercitabile pro rata fino al 12/05/2031. Ha inoltre partecipazioni indirette tramite il piano 401(k) Howe & Rusling (430 azioni) e il piano Roth 401(k) (1.910 azioni). La dichiarazione è stata firmata da un procuratore in nome del signor Cairns.
Craig D. Cairns, director de Transcat Inc. (TRNS), informó cambios en su propiedad beneficiosa. La declaración muestra unidades de stock restringido (RSUs) que se convierten en acciones ordinarias en una base uno a uno, con 1,587 RSU reportadas como adquiridas el 09/10/2025 y mostradas como 1,587 acciones poseídas directamente. Un adicional de 704 RSU se reporta con el código de transacción M el 11/09/2025. Tras las transacciones reportadas, el Sr. Cairns posee directamente 5,003 acciones de acciones ordinarias y posee una opción de acciones para 10,000 acciones con un precio de ejercicio de $47.14 exercitándose pro rata hasta el 12/05/2031. También tiene participaciones indirectas a través del plan 401(k) Howe & Rusling (430 acciones) y el plan Roth 401(k) (1,910 acciones). La declaración fue firmada por un apoderado en nombre del Sr. Cairns.
Craig D. Cairns, 트랜스캇 주식회사(TRNS)의 이사로서, 그의 유익 소유에 변화가 보고되었습니다. 제출서는 제한 주식 단위(RSU)가 1대 1 비율로 일반 주식으로 전환되며, 1,587 RSU가 2025-09-10에 취득으로 보고되고 1,587주를 직접 유리하게 보유하는 것으로 표시됩니다. 추가로 704 RSU가 2025-09-11에 거래 코드 M으로 보고되었습니다. 보고된 거래 이후, Cairns 씨는 일반 주식 5,003주를 직접 유리하게 보유하고 있으며, 행사가격 $47.14의 10,000주에 대한 주식옵션을 2031-05-12까지 비례 행사할 수 있습니다. 또한 Howe & Rusling 401(k) 계획(430주)과 Roth 401(k) 계획(1,910주)을 통해 간접 보유도 있습니다. 제출서는 Cairns 씨를 대신해 대리인이 서명했습니다.
Craig D. Cairns, administrateur de Transcat Inc. (TRNS), a signalé des changements dans sa propriété bénéficiaire. Le dépôt indique que les unités d’actions restreintes (RSU) se convertissent en actions ordinaires sur une base une pour une, avec 1 587 RSU rapportées comme acquises le 10/09/2025 et affichées comme 1 587 actions détenues directement. Une autre 704 RSU est rapportée avec le code de transaction M le 11/09/2025. Suite aux transactions rapportées, M. Cairns détient directement 5 003 actions ordinaires et détient une option d’achat pour 10 000 actions avec un prix d’exercice de 47,14 $ exerçable pro rata jusqu’au 12/05/2031. Il détient également des participations indirectes via le plan 401(k) Howe & Rusling (430 actions) et le plan Roth 401(k) (1 910 actions). Le dépôt a été signé par un mandataire au nom de M. Cairns.
Craig D. Cairns, ein Direktor von Transcat Inc. (TRNS), meldete Änderungen in seinem vorteilhaften Eigentum. Die Einreichung zeigt, dass Restricted Stock Units (RSUs) eins-zu-eins in Stammaktien umgewandelt werden, wobei 1.587 RSU am 10.09.2025 als erworben gemeldet wurden und als 1.587 Aktien direkt vorteilhaft gehalten werden. Zusätzlich werden 704 RSU mit Transaktionscode M am 11.09.2025 gemeldet. Nach den gemeldeten Transaktionen besitzt Mr. Cairns direkt vorteilhaft 5.003 Aktien der Stammaktien und hält eine Aktienoption für 10.000 Aktien mit einem Ausübungspreis von 47,14 $, ausübbar pro rata bis zum 12.05.2031. Er hat auch indirekte Beteiligungen über den Howe & Rusling 401(k) Plan (430 Aktien) und den Roth 401(k) Plan (1.910 Aktien). Die Einreichung wurde von einem Rechtsbevollmächtigten im Namen von Mr. Cairns unterzeichnet.
FAQ
What did Transcat director Craig D. Cairns report on Form 4 (TRNS)?
When did the reported transactions occur on the Form 4 for TRNS?
How many stock options does Craig D. Cairns hold according to the filing?
Do the RSUs convert to shares one-for-one in this filing?
Are any shares reported as sold in this Form 4?
