Friedman Randall S 4
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Transact Technologies (TACT) Director Randall S. Friedman Receives Award
What Happened Randall S. Friedman, a director of Transact Technologies, was granted 14,700 restricted stock units (RSUs) on February 24, 2026. The filing records the acquisition price as $0 (an award/grant rather than a cash purchase). These RSUs convert to common stock on a one-for-one basis and cliff vest on the first anniversary of the grant.
Key Details
- Transaction date: 2026-02-24; Report filed: 2026-02-26.
- Transaction type/code: Award/Grant (A); 14,700 RSUs at $0.00 per share (derivative).
- Vesting and conversion: RSUs cliff vest on the one-year anniversary and convert 1:1 to common stock (Footnote F1).
- Shares owned after transaction: not specified in the Form 4 filing.
- Exhibits/remarks: Exhibit 24 – Power of Attorney.
- Timeliness: Form 4 was filed two days after the grant (appears to be within the two-business-day Section 16 reporting window).
Context RSU awards are a form of compensation and do not represent an immediate open-market purchase or sale. Because these RSUs vest after one year and convert to common shares later, they do not immediately change Friedman's tradable holdings. Awards are common for directors and employees; this filing is informational and not a direct market transaction.