Richtsmeier Brent 4
4 · TRANSACT TECHNOLOGIES INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
TransAct (TACT) CTO Brent Richtsmeier Exercises/Converts Derivatives
What Happened Brent Richtsmeier, Chief Technology Officer of TransAct Technologies, reported exercising/converting derivative awards into common stock. The filing shows conversions on Feb 28, Mar 1 and Mar 2, 2026 totaling 8,303 shares (1,300 + 4,778 + 1,250 + 975). The reported transaction amounts list price as N/A; the filing records both the acquisition of shares and the corresponding disposition of the derivative instruments (code M = exercise or conversion).
Key Details
- Transaction dates and amounts:
- 2026-02-28: 1,300 shares converted
- 2026-03-01: 4,778 shares converted
- 2026-03-01: 1,250 shares converted
- 2026-03-02: 975 shares converted
- Total converted: 8,303 shares
- Price: listed as N/A in the filing (no cash price reported).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes: conversions relate to previously granted awards that converted to common stock on a one-for-one basis:
- F1: RSUs granted 2/29/2024 (25% annual vesting)
- F2: PSUs granted 3/1/2023 (vesting in three installments: 3/1/24, 3/1/25, 3/1/26)
- F3: RSUs granted 3/1/2023 (25% annual vesting)
- F4: RSUs granted 3/2/2022 (25% annual vesting)
- Filing date: Form 4 filed 2026-03-02 (covering transactions through 2026-03-02). The filing excerpt does not indicate lateness.
Context
- Code M denotes an exercise or conversion of a derivative instrument. Here the filing shows the derivative instruments were converted into common shares (the derivative was disposed and common shares were acquired), not an open-market purchase or sale of existing shares.
- Because price info is N/A and the shares derive from prior equity awards (RSUs/PSUs), this is a routine conversion/vesting event rather than an outright purchase or an open-market sale. These kinds of filings document grant vesting/exercise activity and do not by themselves indicate a buy/sell opinion.
Insider Transaction Report
Form 4
Richtsmeier Brent
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-28+1,300→ 22,995 total - Exercise/Conversion
Common Stock
[F2]2026-03-01+4,778→ 27,773 total - Exercise/Conversion
Common Stock
[F3]2026-03-01+1,250→ 29,023 total - Exercise/Conversion
Common Stock
[F4]2026-03-02+975→ 29,998 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-28−1,300→ 2,600 total→ Common Stock (1,300 underlying) - Exercise/Conversion
Performance Stock Units
[F2]2026-03-01−4,778→ 0 total→ Common Stock (4,778 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-01−1,250→ 1,250 total→ Common Stock (1,250 underlying) - Exercise/Conversion
Restricted Stock Units
[F4]2026-03-02−975→ 0 total→ Common Stock (975 underlying)
Footnotes (4)
- [F1]Restricted Stock Units issued on February 29, 2024 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
- [F2]Performance Stock Units issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended, which vest in three equal installments on March 1, 2024, March 1, 2025 and March 1, 2026 that have converted to common stock on a one-for-one basis.
- [F3]Restricted Stock Units issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
- [F4]Restricted Stock Units issued on March 2, 2022 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
Signature
/s/ Steven A. DeMartino, Attorney-in-Fact for Brent Richtsmeier|2026-03-02