TRANSCAT INC 8-K

What Happened
Transcat, Inc. announced on January 6, 2026 that its Compensation Committee granted one-time retention awards of restricted stock units (RSUs) to four of the company’s executive officers under the 2021 Stock Incentive Plan. The awards were given to Thomas L. Barbato, Theresa A. Conroy, Michael J. Haddad and Michael W. West to help preserve leadership continuity during the transition to a successor CEO. The company furnished a related press release on January 8, 2026 and the award agreement is attached to the 8‑K.

Key Details

• Grant date: January 6, 2026 (Compensation Committee action).
• Vesting date: January 6, 2028, subject to continued employment and the terms of the award agreement.
• Recipients and RSUs: Thomas L. Barbato — 19,772 RSUs; Theresa A. Conroy — 10,380 RSUs; Michael J. Haddad — 5,190 RSUs; Michael W. West — 12,028 RSUs.
• Plan: Awards made under the Company’s 2021 Stock Incentive Plan; award agreement filed as Exhibit 10.1 and press release as Exhibit 99.1.

Why It Matters
These retention RSU grants are intended to keep the company’s senior leadership in place during a CEO succession, aligning executives’ interests with shareholder value over the next two years. For investors, the awards represent additional executive compensation that will create future equity-based obligations and potential dilution if shares are issued upon vesting; the awards also signal the board’s focus on a managed leadership transition.