DILLON JOHN 4

What Happened

• John Dillon, CEO of Transact Technologies (TACT), received a grant of 55,862 restricted stock units (RSUs) on February 25, 2026. The Form 4 reports the acquisition price as $0 because these were awards (not an open‑market purchase). RSUs are a form of equity compensation that convert to shares as they vest.

Key Details

• Transaction date: 2026-02-25 (Form 4 filed 2026-02-27)
• Security: 55,862 Restricted Stock Units (derivative awards) reported at $0 acquisition price
• Vesting: 25% annually, beginning on the first anniversary of the grant (per footnote)
• Shares owned after the transaction: Not specified in the provided filing
• Footnote: RSUs issued under the Company’s 2014 Equity Incentive Plan, as amended and restated
• Filing timeliness: Filed two days after the grant (appears timely under Form 4 rules)

Context

• RSUs are compensation awards and are subject to vesting and restrictions; they do not represent immediately tradable shares until they vest. Such grants are routine for executives and reflect compensation, not a direct buy or sell signal. Future value realized will depend on Transact Technologies’ share price when units vest.