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TRANSACT TECHNOLOGIES INC·4

Mar 2, 5:23 PM ET

Dunning Audrey 4

Research Summary

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Updated

Transact Technologies (TACT) Director Audrey Dunning Converts RSUs, Disposes Shares

What Happened

  • Audrey Dunning, a director of Transact Technologies (TACT), reported conversion/exercise-type transactions (Form 4 code M) that resulted in the acquisition of 6,125 shares and concurrent dispositions of the same 6,125 shares across Feb 27–Mar 1, 2026. The breakdown: 2,850 shares on Feb 27, 1,675 shares on Feb 28, and 1,600 shares on Mar 1. No transaction prices were reported (listed as N/A).
  • The filing indicates these were conversions of previously granted restricted stock units (RSUs) that converted to common stock on a one-for-one basis (see footnotes for grant dates). Because the acquired and disposed amounts are equal, the filing shows no net increase in beneficial ownership from these events.

Key Details

  • Transaction dates and amounts:
    • Feb 27, 2026: 2,850 shares acquired (M) and 2,850 shares disposed (M)
    • Feb 28, 2026: 1,675 shares acquired (M) and 1,675 shares disposed (M)
    • Mar 1, 2026: 1,600 shares acquired (M) and 1,600 shares disposed (M)
  • Prices: All transactions reported at N/A (no per-share cash price shown).
  • Total shares involved: 6,125 shares converted and 6,125 shares disposed.
  • Footnotes:
    • F1: RSUs from Feb 27, 2025 (vest 25% annually) converted one-for-one.
    • F2: RSUs from Feb 29, 2024 (vest 25% annually) converted one-for-one.
    • F3: RSUs from Mar 1, 2023 (vest 25% annually) converted one-for-one.
  • Net ownership change: None reported (acquisitions equal dispositions). The filing does not state a remaining beneficial ownership total in the summary provided here.
  • Filing date: Report filed on Mar 2, 2026. (No late-filing flag was provided in the data you supplied.)

Context

  • Code M indicates an exercise or conversion of a derivative — here, RSUs converting to common stock. It’s common for converted RSU shares to be sold immediately to cover tax withholding or for liquidity; the filing shows disposals concurrent with the conversions but does not specify the reason.
  • These transactions are routine vesting/conversion events rather than open-market purchases that would signal a director adding to their stake.