325 CAPITAL LLC 4

What Happened 325 Capital LLC, reported as a 10% owner through related entities, was granted 14,700 restricted stock units (RSUs) in TransAct Technologies Inc. (TACT) on 2026-02-24. The RSUs were granted at $0.00 (no cash paid); they are derivative awards that will convert to common stock on a one-for-one basis upon vesting. The grant appears tied to board service: the filing notes Daniel M. Friedberg, a TransAct director and Managing Member of 325, is the direct owner of some of these securities and 325 is entitled to the economic interest in them.

Key Details

• Transaction date: 2026-02-24; filing date: 2026-02-26.
• Transaction type/code: Award/Grant (A); derivative (Restricted Stock Units).
• Amount granted: 14,700 RSUs at $0.00 (no cash consideration).
• Vesting/conversion: Cliff vests on the first anniversary of the grant (one-year cliff); converts 1-for-1 to common shares when vested.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Reporting parties: Filed jointly by 325 Capital LLC, 325 Capital Master Fund LP, 325 Capital GP, LLC, and individuals Michael D. Braner, Daniel M. Friedberg, and Anil K. Shrivastava. Footnotes explain that some RSUs are directly owned by Daniel M. Friedberg and/or 325 Master Fund and that the Reporting Persons disclaim beneficial ownership except for any pecuniary interest.
• Timeliness: Filed within two days of the transaction (not indicated as late).

Context RSU grants are typically compensation (e.g., for board service) and do not involve an immediate purchase or sale of shares; value is realized only if/when the RSUs vest and convert to stock. Because this involves a 10% owner and related funds/individuals, the filing mainly documents beneficial ownership relationships rather than an individual insider buying or selling stock. This is informational for investors but does not by itself indicate a buy or sell sentiment.