Olinger Haydee 4/A
Research Summary
AI-generated summary
Transact Technologies (TACT) Director Haydee Olinger Receives RSU Award
What Happened
Haydee Olinger, a director of Transact Technologies, received an award of 15,759 restricted stock units (RSUs) on February 24, 2026. The RSUs were granted at no cash cost ($0.00) and are reported as a derivative award. This filing is an amendment correcting an earlier Form 4 (filed Feb 26, 2026) that incorrectly reported 14,700 RSUs; the corrected grant size is 15,759.
Key Details
- Transaction date: February 24, 2026. Reported grant value: $0.00 per unit (derivative award).
- Grant type: Restricted Stock Units under the Company’s 2014 Equity Incentive Plan, as amended.
- Vesting: Cliff vests on the first anniversary of the grant (one-year cliff), converting to common stock on a one-for-one basis.
- Filing history: Original Form 4 filed Feb 26, 2026 reported the wrong RSU count; this amended Form 4 was filed Mar 13, 2026 to correct the number.
- Shares owned after transaction: Not specified in the provided amendment.
- Footnotes: F1 explains the amendment corrects the grant from 14,700 to 15,759 RSUs; F2 describes the plan and vesting/conversion terms.
Context
This was an equity award (not an open-market purchase or sale). RSUs are a form of compensation that convert to common shares upon vesting; they don’t represent an immediate cash transaction or sale. The amendment fixes a reporting error in the earlier Form 4 rather than changing the substance of the grant.