Dunning Audrey 4

What Happened

• Audrey Dunning, a director of TRANSACT TECHNOLOGIES INC (TACT), had 1,700 derivative awards convert into 1,700 common shares on May 4, 2026. The Form 4 shows an "M" transaction code (exercise/conversion of a derivative) for 1,700 shares acquired and a corresponding 1,700-share derivative disposition; no per-share price or cash consideration is reported (N/A). This appears to be a routine vesting/settlement event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-04; reported on Form 4 filed 2026-05-04 (timely).
• Transaction code: M (exercise or conversion of derivative); price reported as N/A.
• Shares involved: 1,700 shares converted/acquired; 1,700 shares shown as a derivative disposition on the filing.
• Shares owned after transaction: not specified in the excerpt provided.
• Footnote: F1 — these were restricted stock units granted May 4, 2022 under the Company’s 2014 Equity Incentive Plan (25% vesting annually), which convert to common stock on a one-for-one basis.

Context

• The "M" code plus footnote indicate this was a conversion/settlement of RSUs (not a cash purchase or market sale). Such conversions commonly occur when RSUs vest and convert into common shares. Because no sale or cash proceeds are reported, this filing signals award settlement/vesting rather than a trading decision.