IRICK JAIME A 4

What Happened

• Jaime A. Irick, President & CEO and a Director of Transcat, Inc. (TRNS), was granted 15,043 restricted stock units (RSUs) on 2026-05-27. The award is recorded at $0.00 acquisition price (a compensation grant/derivative award) and will convert into common stock on a one-for-one basis when vested.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-28 (timely filing).
• Award: 15,043 RSUs; reported acquisition price: $0.00 (compensation grant, not a market purchase).
• Vesting: RSUs vest on March 31, 2029, unless other award terms apply (per footnote).
• Plan/Exemption: Granted under the Transcat, Inc. 2021 Stock Incentive Plan and reported as exempt under Rule 16b‑3 (standard for awards to insiders).
• Shares owned after transaction: Not specified in the filing.

Context

• These RSUs are a form of equity compensation, not an open‑market purchase or sale; they do not immediately change Irick’s cash or taxable stock position until vesting/conversion. The economic value to the insider will depend on Transcat’s share price when the RSUs vest and convert to common shares. Awards under Rule 16b‑3 are routine for executives and intended as long‑term incentive compensation.