Richtsmeier Brent 4
4 · TRANSACT TECHNOLOGIES INC · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
TransAct (TACT) CTO Brent Richtsmeier Converts 6,325 RSUs
What Happened
Brent Richtsmeier, Chief Technology Officer of TransAct Technologies (TACT), reported the exercise/conversion of a derivative security on May 1, 2026, resulting in 6,325 shares being acquired. The filing also reports a simultaneous disposition of 6,325 shares (listed as a derivative disposal). No per-share price or total dollar value is provided in the filing.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 4, 2026 (filed within the typical SEC two-business-day window).
- Reported shares acquired: 6,325 (derivative exercise/conversion).
- Reported shares disposed: 6,325 (listed as a derivative disposition).
- Price: N/A (conversion of award; no cash purchase price shown).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: These shares relate to restricted stock units (RSUs) granted May 1, 2025 under the company’s equity plan that vest 25% annually; vested RSUs converted to common stock on a one-for-one basis.
Context
This filing reflects the vesting/conversion of RSUs rather than an open‑market buy or sell by the insider. The simultaneous disposal entry is noted in the filing but the form does not state the reason (e.g., tax withholding or immediate sale). Vesting of RSUs is typically routine compensation-related activity and should not be read as an explicit buy or sell signal by itself.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-01+6,325→ 36,323 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-05-01−6,325→ 18,975 total→ Common Stock (6,325 underlying)
Footnotes (1)
- [F1]Shares of Restricted Stock Units issued on May 1, 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.