Ingianni Troy W 4
Research Summary
AI-generated summary
TransAct Technologies (TACT) CFO Troy Ingianni Receives Award
What Happened
Troy W. Ingianni, TransAct Technologies' Chief Financial Officer (also Treasurer & Secretary), was granted 15,000 restricted stock units (RSUs) on July 1, 2026. The award is recorded at a $0.00 acquisition price (typical for RSU grants); these RSUs are derivative awards that will convert into common shares as they vest.
Key Details
- Transaction type: Award/Grant of RSUs (SEC code A).
- Date of grant: July 1, 2026; Form 4 filed July 13, 2026 (filed after the 2-business-day window).
- Amount: 15,000 RSUs; reported acquisition price $0.00.
- Vesting/conversion: 25% vest annually beginning on the first anniversary of the grant; converts one-for-one into common stock per the footnote.
- Shares owned after transaction: not specified in the provided filing.
Context
- RSU grants are a form of compensation; they do not result in immediate ownership of shares until vesting and conversion.
- The filing appears to have been submitted late (12 days after the grant), which can be noteworthy for compliance/timeliness but does not itself indicate trading intent.
- No sale, purchase, or cash exercise occurred — this is a time‑based compensation award.