Transcat (TRNS) Director Oksana Dominach Exercises Options

What Happened

• Oksana S. Dominach, a director of Transcat, exercised stock options and had restricted stock units (RSUs) convert into common shares on August 13, 2026. She paid $262,700 to exercise 10,000 options at $26.27 per share. Separately, 10,000 RSUs converted into common stock (reported at $0.00), and 2,688 shares were surrendered/withheld to satisfy tax obligations (valued at $97.76 each, total $262,779).
• Net effect: +10,000 (option exercise) +10,000 (RSU conversion) −2,688 (tax withholding) = an increase of 17,312 shares held by Dominach as a result of these transactions.

Key Details

• Transaction date: August 13, 2026; Form 4 filed August 17, 2026 (appears timely).
• Option exercise: 10,000 shares at $26.27 = $262,700 (code M).
• RSU conversion: 10,000 shares recorded at $0.00 (code M; RSUs convert one-for-one per filing).
• Tax withholding: 2,688 shares withheld/disposed at $97.76 = $262,779 (code F) to cover tax liability.
• Footnotes: F1 — the option was fully vested as of the report date; F2 — RSUs convert one-for-one into common stock; F3 — certain RSUs were granted under an exemption and vest on Sept 10, 2026 (as noted in the filing).
• Shares owned after the transaction: not specified in the provided summary.
• Exhibit: Exhibit 24 — Power of Attorney included.

Context

• This was an exercise/conversion event, not an open-market buy or sale for investment—part of the transaction involved withholding 2,688 shares to cover taxes (a common cashless-withholding feature).
• For retail investors: purchases or exercises by insiders indicate acquisition of shares, but they may reflect compensation mechanics (vesting/exercise and tax withholding) rather than a deliberate market-timing decision.