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Transcat (TRNS) CIO receives 5,190 RSUs with vesting through 2028

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

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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*
Haddad Michael Jacques

(Last) (First) (Middle)
C/O TRANSCAT, INC.
35 VANTAGE POINT DRIVE

(Street)
ROCHESTER NY 14624

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRANSCAT INC [ TRNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Information Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(1) 01/06/2026 A 5,190 (2) (2) Common Stock, $.50 par value 5,190 $0 5,190 D
Restricted Stock Units $0(1) (3) (3) Common Stock, $.50 par value 1,017 1,017 D
Restricted Stock Units $0(1) (4) (4) Common Stock, $.50 par value 730 730 D
Explanation of Responses:
1. These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
2. These RSUs were granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on January 6, 2028.
3. These RSUs vest on March 25, 2028, except as otherwise provided in the award notice.
4. These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.
/s/ Thomas L. Barbato, Attorney-in-Fact for Michael J. Haddad 01/08/2026
** 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.

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.

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Specialty Business Services
Instruments for Meas & Testing of Electricity & Elec Signals
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United States
ROCHESTER