Friedman Randall S 4/A
Research Summary
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Transact Technologies (TACT) Director Randall S. Friedman Receives RSU Award
What Happened
- Randall S. Friedman, a director of Transact Technologies, was granted 15,759 restricted stock units (RSUs) on February 24, 2026. The filing reports these as a derivative award at $0.00 per unit (no cash paid). This amendment corrects the original Form 4, which had reported 14,700 RSUs — the corrected grant is 1,059 RSUs larger.
Key Details
- Transaction date: February 24, 2026 (Original Form 4 filed Feb 26, 2026; this amendment filed Mar 13, 2026 to correct the grant amount).
- Price reported: $0.00 per RSU (award/grant, derivative security).
- Shares owned after transaction: not specified in the amended filing.
- Footnotes: F1 — this filing corrects the previously reported number of RSUs; F2 — RSUs issued under the company’s 2014 Equity Incentive Plan, cliff vest on the first anniversary of the grant and convert to common stock on a one-for-one basis.
- Timeliness: the original Form 4 reporting the transaction was filed Feb 26 (timely); this document is an amendment to correct the amount.
Context
- These RSUs are a compensation award (derivative) that will convert into common stock only if and when they vest (cliff vesting after one year). Awards like this are routine executive/director compensation and do not by themselves indicate a buy or sell decision in the market.