Friedman Randall S 4
4 · TRANSACT TECHNOLOGIES INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
TRANSACT (TACT) Director Randall Friedman Converts RSUs, Sells 7,375
What Happened Randall S. Friedman, a director of TransAct Technologies, exercised/converted previously granted restricted stock units (derivative transactions, code M) into a total of 7,375 shares across four dates (2/27/2026, 2/28/2026, 3/1/2026 and 3/2/2026). The filing shows the same number of shares were disposed (sold) on the same dates. No per-share prices or dollar values are reported (listed as N/A), so total proceeds are not disclosed. This was not a purchase—these were conversions of RSUs that were then disposed.
Key Details
- Transactions and share counts:
- 2026-02-27: 2,850 shares converted (M) and 2,850 shares disposed (M)
- 2026-02-28: 1,675 shares converted (M) and 1,675 shares disposed (M)
- 2026-03-01: 1,600 shares converted (M) and 1,600 shares disposed (M)
- 2026-03-02: 1,250 shares converted (M) and 1,250 shares disposed (M)
- Total converted and disposed: 7,375 shares.
- Prices/values: all reported as N/A — no dollar amounts disclosed in the filing.
- Shares owned after the transactions: not reported in the provided data.
- Footnotes (grant background):
- F1: RSUs granted 2/27/2025 (2014 Equity Incentive Plan, as amended) converted 1:1 to common stock.
- F2: RSUs granted 2/29/2024 converted 1:1 to common stock.
- F3: RSUs granted 3/1/2023 converted 1:1 to common stock.
- F4: RSUs granted 3/2/2022 converted 1:1 to common stock.
- Filing date: Form 4 filed 2026-03-02 (the form does not indicate a late filing).
Context
- Transaction code M denotes exercise/conversion of a derivative (here, RSUs converting into common shares). The filing reports that the converted shares were disposed the same day; the Form 4 does not state the reason for the disposition (e.g., tax withholding, immediate sale, or other personal reasons).
- These transactions reflect routine vesting/conversion activity of previously granted awards rather than an open-market purchase or a discretionary insider buy.
Insider Transaction Report
Form 4
Friedman Randall S
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-27+2,850→ 17,275 total - Exercise/Conversion
Common Stock
[F2]2026-02-28+1,675→ 18,950 total - Exercise/Conversion
Common Stock
[F3]2026-03-01+1,600→ 20,550 total - Exercise/Conversion
Common Stock
[F4]2026-03-02+1,250→ 21,800 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-27−2,850→ 8,550 total→ Common Stock (2,850 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-28−1,675→ 3,350 total→ Common Stock (1,675 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-01−1,600→ 1,600 total→ Common Stock (1,600 underlying) - Exercise/Conversion
Restricted Stock Units
[F4]2026-03-02−1,250→ 0 total→ Common Stock (1,250 underlying)
Footnotes (4)
- [F1]Restricted Stock Units issued on February 27, 2025 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]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.
- [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/Madison Gallagher, Attorney-in-Fact for Randall S. Friedman|2026-03-02