DEMARTINO STEVEN A 4

What Happened
Steven A. DeMartino, President (also CFO, Treasurer & Secretary) of Transact Technologies (TACT), converted a total of 13,229 award/derivative units into common stock across transactions on Feb 28, Mar 1 and Mar 2, 2026. To satisfy tax withholding, 4,487 of those shares were surrendered (disposed) for tax payments totaling $15,546 (multiple withholdings at ~$3.46 and $3.50 per share). Net result: DeMartino increased his holdings by 8,742 shares (13,229 converted minus 4,487 withheld).

Key Details

• Transaction dates: 2026-02-28, 2026-03-01, 2026-03-02.
• Conversion (acquired): 2,075 (2/28) + 7,629 (3/1) + 1,975 (3/1) + 1,550 (3/2) = 13,229 shares acquired via conversion/exercise.
• Shares withheld for taxes (disposed): 704 @ $3.46 (2/28) = $2,436; 2,588 @ $3.46 (3/1) = $8,954; 670 @ $3.46 (3/1) = $2,318; 525 @ $3.50 (3/2) = $1,838. Total tax withholding = $15,546 on 4,487 shares.
• Net increase in shares held by insider: +8,742 shares.
• Footnotes: Conversions reflect previously granted awards: RSUs and PSUs that vest/convert one-for-one (see F1–F4 for grant dates and vesting schedules: 2/29/2024 RSUs, 3/1/2023 PSUs and RSUs, 3/2/2022 RSUs).
• Filing: Report filed 2026-03-02 (covering activity through 2026-02-28 and actions through 3/2/2026); no late-filing indication in the provided data.

Context
These entries are vesting/conversion events (derivative exercise/conversion) where award shares convert to common stock and a portion is withheld to cover tax obligations — a routine administrative step, not an open-market sale or purchase. The withholding amounts (F transactions) serve only to pay taxes on the vested/converted awards.