Dunning Audrey 4
4 · TRANSACT TECHNOLOGIES INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Transact Technologies (TACT) Director Audrey Dunning Converts RSUs, Disposes Shares
What Happened
- Audrey Dunning, a director of Transact Technologies (TACT), reported conversion/exercise-type transactions (Form 4 code M) that resulted in the acquisition of 6,125 shares and concurrent dispositions of the same 6,125 shares across Feb 27–Mar 1, 2026. The breakdown: 2,850 shares on Feb 27, 1,675 shares on Feb 28, and 1,600 shares on Mar 1. No transaction prices were reported (listed as N/A).
- The filing indicates these were conversions of previously granted restricted stock units (RSUs) that converted to common stock on a one-for-one basis (see footnotes for grant dates). Because the acquired and disposed amounts are equal, the filing shows no net increase in beneficial ownership from these events.
Key Details
- Transaction dates and amounts:
- Feb 27, 2026: 2,850 shares acquired (M) and 2,850 shares disposed (M)
- Feb 28, 2026: 1,675 shares acquired (M) and 1,675 shares disposed (M)
- Mar 1, 2026: 1,600 shares acquired (M) and 1,600 shares disposed (M)
- Prices: All transactions reported at N/A (no per-share cash price shown).
- Total shares involved: 6,125 shares converted and 6,125 shares disposed.
- Footnotes:
- F1: RSUs from Feb 27, 2025 (vest 25% annually) converted one-for-one.
- F2: RSUs from Feb 29, 2024 (vest 25% annually) converted one-for-one.
- F3: RSUs from Mar 1, 2023 (vest 25% annually) converted one-for-one.
- Net ownership change: None reported (acquisitions equal dispositions). The filing does not state a remaining beneficial ownership total in the summary provided here.
- Filing date: Report filed on Mar 2, 2026. (No late-filing flag was provided in the data you supplied.)
Context
- Code M indicates an exercise or conversion of a derivative — here, RSUs converting to common stock. It’s common for converted RSU shares to be sold immediately to cover tax withholding or for liquidity; the filing shows disposals concurrent with the conversions but does not specify the reason.
- These transactions are routine vesting/conversion events rather than open-market purchases that would signal a director adding to their stake.
Insider Transaction Report
Form 4
Dunning Audrey
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-27+2,850→ 14,325 total - Exercise/Conversion
Common Stock
[F2]2026-02-28+1,675→ 16,000 total - Exercise/Conversion
Common Stock
[F3]2026-03-01+1,600→ 17,600 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-27−2,850→ 8,550 total→ Common Stock (2,850 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-28−1,675→ 3,350 total→ Common Stock (1,675 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-01−1,600→ 1,600 total→ Common Stock (1,600 underlying)
Footnotes (3)
- [F1]Restricted Stock Units issued on February 27, 2025 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
- [F2]Restricted Stock Units issued on February 29, 2024 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
- [F3]Restricted Stock Units issued on March 1, 2023 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, vesting 25% annually commencing on the first anniversary of the date of grant that have converted to common stock on a one-for-one basis.
Signature
/s/ Madison Gallagher, Attorney-in-Fact for Audrey Dunning|2026-03-02