Transcat (TRNS) CIO receives 5,190 RSUs with vesting through 2028
Rhea-AI Filing Summary
Transcat, Inc. Chief Information Officer Michael Jacques Haddad reported an equity award of restricted stock units. On January 6, 2026, he received 5,190 restricted stock units (RSUs) at a price of $0 per unit under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3. These RSUs convert into common stock on a one-for-one basis and, except as otherwise provided in the award notice, vest on January 6, 2028.
The filing also shows existing RSU holdings of 1,017 units that vest on March 25, 2028 and 730 units that vest on March 27, 2027, all reported as directly owned. Together, these awards outline a multi-year, time-based stock incentive structure for the company’s Chief Information Officer.
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FAQ
Who is the insider in this Transcat (TRNS) Form 4 filing?
The insider is Michael Jacques Haddad, who serves as Chief Information Officer of Transcat, Inc.. He is not listed as a director or 10% owner.
What equity award did Transcat (TRNS) grant to its CIO on January 6, 2026?
On January 6, 2026, the Chief Information Officer received 5,190 restricted stock units (RSUs) at a price of $0 per unit, granted under the Transcat, Inc. 2021 Stock Incentive Plan.
How do the reported Transcat (TRNS) RSUs convert into common stock?
The filing states that these restricted stock units (RSUs) convert into common stock on a one-for-one basis, meaning each RSU becomes one share of Transcat common stock upon settlement.
When do the newly granted Transcat (TRNS) RSUs vest for the CIO?
The 5,190 RSUs granted on January 6, 2026 are scheduled to vest on January 6, 2028, except as otherwise provided in the award notice, and were reported as directly owned.
What other RSU holdings for the Transcat (TRNS) CIO are disclosed?
The filing shows additional RSU holdings of 1,017 units that vest on March 25, 2028 and 730 units that vest on March 27, 2027, all reported under the Chief Information Officer.
Under what plan and rule were the new Transcat (TRNS) RSUs granted?
The 5,190 RSUs were granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction described as exempt under Rule 16b-3, which covers certain insider compensation-related transactions.