HILARIO EMANUEL N 4

What Happened

• Hilario Emanuel N, a director of Transact Technologies, had restricted stock units (RSUs) convert to common stock on four dates: 2,850 shares on Feb 27, 2026; 1,675 on Feb 28; 1,600 on Mar 1; and 1,250 on Mar 2 — a total of 7,375 shares. The Form 4 reports these as exercise/conversion of a derivative (transaction code M). No per-share price or cash proceeds are reported (price = N/A), indicating these were vesting conversions rather than open-market purchases or cash sales.

Key Details

• Transaction dates and amounts: Feb 27, 2026 — 2,850 shares; Feb 28, 2026 — 1,675 shares; Mar 1, 2026 — 1,600 shares; Mar 2, 2026 — 1,250 shares. Prices reported as N/A.
• Shares owned after the transactions: Not specified in this Form 4.
• Footnotes:
  • F1: RSUs granted Feb 27, 2025 (25% vest annually) converted 1-for-1.
  • F2: RSUs granted Feb 29, 2024 (25% vest annually) converted 1-for-1.
  • F3: RSUs granted Mar 1, 2023 (25% vest annually) converted 1-for-1.
  • F4: RSUs granted Mar 2, 2022 (25% vest annually) converted 1-for-1.
• Filing timeliness: Form 4 filed on Mar 2, 2026 reporting transactions from Feb 27–Mar 2 — no late filing indicator noted.

Context

• These entries reflect vested RSUs converting into common stock (derivative extinguished) rather than an open-market buy or sale. Because price is listed as N/A and no sale price is shown, there is no evidence here of immediate market sales or cashless exercises. Vesting conversions are routine compensation events and do not necessarily indicate the director is buying or selling stock in the market.