Renuart Victor Eugene 4
4 · TECHPRECISION CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
TechPrecision (TPCS) Director Renuart Victor Eugene Receives Award
What Happened Renuart Victor Eugene, a director of TechPrecision Corporation (TPCS), was granted two awards of restricted stock on March 6, 2026 totaling 18,206 shares (12,228 shares and 5,978 shares). Both grants were reported at $0.00 per share (compensation awards), and one grant (12,228 shares) is scheduled to vest in full on October 28, 2026. The 5,978-share grant was issued in lieu of 50% of his annual cash fee for service during the 2025 period.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (timely filing).
- Grants: 12,228 shares (reported $0.00; vests in full Oct 28, 2026) and 5,978 shares (reported $0.00; issued in lieu of 50% of 2025 cash fee).
- Total shares granted: 18,206; reported acquisition value per share: $0.00.
- Shares owned after transaction: Not specified in the information provided.
- No 10b5-1 plan, tax-withholding, or sale/market disposition noted in the filing.
Context These transactions are compensation-related awards to a non-employee director rather than open-market purchases or sales. Such grants are common for director compensation and do not necessarily indicate the director's buying/selling sentiment. The 12,228-share award carries a clear vesting date (Oct 28, 2026); the other grant was expressly issued instead of cash compensation for the 2025 service period.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-06+12,228→ 25,948 total - Award
Common Stock
[F2]2026-03-06+5,978→ 31,926 total
Footnotes (2)
- [F1]The Reporting Person received an award of 12,228 shares of restricted stock on March 6, 2026, which, subject to the conditions of the award, will vest in its entirety on October 28, 2026.
- [F2]This stock grant was issued in lieu of 50% of the annual cash fee payable to the Reporting Person for service as an independent director of TechPrecision Corporation for the 2025 service period.