DEMARTINO STEVEN A 4

4 · TRANSACT TECHNOLOGIES INC · Filed Feb 26, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Transact Technologies (TACT) President Steven DeMartino Receives Award

What Happened

Steven A. DeMartino, President, Chief Financial Officer (also Treasurer & Secretary) of Transact Technologies, reported the vesting/conversion of performance stock units (PSUs) and related share movements on 2026-02-24. The filing shows an acquisition of 62,620 shares as an award (conversion of PSUs) and exercise/conversion entries for 20,873 derivative shares. Separately, 7,082 shares were surrendered/withheld to cover tax liabilities at $3.49 per share, totaling $24,716.
These transactions reflect the conversion of PSUs into common stock (an award/acquisition), with routine withholding to satisfy tax obligations rather than an open-market sale or purchase.

Key Details

Transaction date: February 24, 2026. Form 4 filed: February 26, 2026 (timely).
Award/acquisition: 62,620 shares (conversion of PSUs issued May 1, 2025).
Exercise/conversion entries: 20,873 derivative shares reported as both acquired and disposed in the filing.
Tax withholding: 7,082 shares withheld at $3.49/share = $24,716 (F code = tax withholding).
Shares owned after the transactions: not reported in the provided extract.
Footnotes: PSUs were issued under the Company’s 2014 Equity Incentive Plan (Amended/Restated), vest in three equal annual installments (Feb 24, 2026/2027/2028), convert one-for-one on each vesting date, and the earned payout was 155% based on 2025 Revenue and Adjusted EBITDA performance (per filing).

Context

PSUs convert to actual shares when they vest; the F-code withholding is a routine tax-satisfaction method and does not necessarily indicate a bearish insider sell. The filing includes derivative conversion entries (M) tied to the PSU vesting—these are technical reporting items showing conversion/exercise activity.
There is no indication in the provided data of an open-market purchase or a voluntary sale for investment purposes. This is primarily a compensation-related issuance to an executive.

Form 4

Period: 2026-02-24

President, CFO, Treas. & Secr.

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-24+20,873→ 177,929 total
Tax Payment
Common Stock
2026-02-24$3.49/sh−7,082$24,716→ 170,847 total
Award
Performance Stock Units
[F2]
2026-02-24+62,620→ 62,620 total
→ Common Stock (62,620 underlying)
Exercise/Conversion
Performance Stock Units
[F1]
2026-02-24−20,873→ 41,747 total
→ Common Stock (20,873 underlying)

Footnotes (2)

[F1]Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting in three equal installments on February 24, 2026, February 24, 2027 and February 24, 2028, that have converted to common stock on a one-for-one basis.
[F2]Performance Stock Units issued on May 1, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, which vest in three equal installments on February 24, 2026, February 24, 2027 and February 24, 2028 and convert to common stock on a one-for-one basis on each vesting date. The PSUs were earned on a variable basis dependent upon level of achievement against a payout matrix, which was based on Revenue and Adjusted EBITDA metrics for the calendar year 2025. Based on actual 2025 results, the payout was 155%.

Signature

Steven A. DeMartino|2026-02-26

1 file