Dunning Audrey 4
Research Summary
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TransAct Technologies Director Audrey Dunning Receives RSU Award
What Happened Audrey Dunning, a director of TransAct Technologies, received a grant of 14,700 restricted stock units (RSUs) on February 24, 2026. The Form 4 reports the transaction as an award/grant (code A) at $0.00 (derivative instrument); no immediate cash value or sale occurred. The RSUs convert to common stock on a one-for-one basis and cliff vest on the first anniversary of the grant (per filing footnote).
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely — within the typical two-business-day reporting window).
- Transaction type/code: Award/Grant (A) of 14,700 RSUs reported at $0.00 (derivative).
- Vesting/conversion: RSUs cliff vest on the first anniversary and convert 1:1 to common shares (footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Remark on filing: Exhibit 24 (Power of Attorney) attached to the filing.
Context RSUs are compensation grants that become shares only if vesting conditions are met; they are not an immediate open-market purchase or sale. For retail investors, awards signal executive/board compensation but do not necessarily indicate the insider’s view on short-term stock direction. Any dollar valuation of the grant would typically appear in other company disclosures (e.g., 8-K or proxy) rather than on the Form 4.
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