HOEHNE CHAD B 4
Research Summary
AI-generated summary
Table Trac (TBTC) President Chad Hoehne Receives 750-Share Award
What Happened
Chad B. Hoehne, President of Table Trac Inc. (TBTC), received an award/acquisition of 750 shares on 2026-04-03 at $3.71 per share, a grant valued at about $2,783. This transaction is reported as an award/grant (code A), a form of compensation rather than an open-market purchase.
Key Details
- Transaction date and price: 2026-04-03; 750 shares at $3.71 each (total ≈ $2,783).
- Filing date: Form 4 filed 2026-04-16 — 13 days after the transaction (later than the typical 2 business‑day filing deadline).
- Holdings: Filing footnote indicates Hoehne holds 1,041,600 shares jointly with his spouse; the 750-share award increases his position to at least 1,042,350 shares.
- Footnotes/notes: F1 notes the joint holdings; no 10b5-1 plan, tax-withholding, or cashless-sale details were disclosed.
Context
Awards/grants are commonly part of executive compensation and do not necessarily signal a personal market buy or sell decision. The economic value of this award is modest (~$2.8k). The late filing reduces short-term transparency for investors and may be noted by regulators or the company’s compliance processes.