Straus Robert D 4
4 · TECHPRECISION CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
TechPrecision (TPCS) Director Robert Straus Receives Restricted Stock Award
What Happened
Robert D. Straus, a director of TechPrecision Corporation (TPCS), received two compensatory stock awards on March 6, 2026 totaling 16,168 restricted shares (12,228 + 3,940). Both awards were reported at $0.00 per share (award/grant code A), so the filing shows $0 cash price — these are grants as compensation, not open-market purchases or sales.
Key Details
- Transaction date: March 6, 2026. Reporting filed March 10, 2026 (timely; filed by the second business day following the transaction).
- Awards: 12,228 restricted shares (vests in full on October 28, 2026) and 3,940 restricted shares issued in lieu of 50% of Straus’s annual 2025 cash director fee.
- Reported price: $0.00 per share; reported total value $0 (reflects grant accounting on Form 4).
- Shares owned after transaction: not disclosed in the provided filing.
- Transaction code: A = Award/Grant. No 10b5-1, tax-withholding, or late-filing notes are indicated.
Context
This filing documents routine director compensation in the form of restricted stock. Such awards are common for independent directors and are different from a director buying or selling stock in the open market; they reflect compensation and vesting schedules rather than an immediate market bet. The 12,228-share award has a future vesting date (Oct 28, 2026), so those shares are not yet freely tradable.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-06+12,228→ 225,949 total - Award
Common Stock
[F2]2026-03-06+3,940→ 229,889 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.