Friedman Randall S 4

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.