Renuart Victor Eugene 4
Research Summary
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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.