Dunning Audrey 4/A
4/A · TRANSACT TECHNOLOGIES INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
TransAct Technologies (TACT) Director Audrey Dunning Receives Award
What Happened
Audrey Dunning, a director of TransAct Technologies, was granted 15,759 restricted stock units (RSUs) on February 24, 2026. The grant is reported as a derivative acquisition at $0.00 per share (code A). These RSUs convert to common stock on a one-for-one basis upon vesting; there is no immediate cash purchase or sale.
Key Details
- Transaction date and type: February 24, 2026 — Grant of 15,759 RSUs (derivative acquisition) at $0.00.
- Filing: This is an AMENDED Form 4. The original Form 4 (filed Feb 26, 2026) incorrectly reported 14,700 RSUs; this amendment corrects the grant to 15,759.
- Vesting: RSUs issued under the company's 2014 Equity Incentive Plan; cliff vest on the first anniversary of the grant and convert 1-for-1 to common stock.
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Original Form 4 was filed Feb 26, 2026 (two business days after the grant); this amendment (filed Mar 13, 2026) corrects the reported quantity.
Context
RSUs are a form of equity compensation that convert to company stock only after vesting (here, cliff vesting at one year). Grants to directors are common as compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). This amendment only corrects the number of units granted and does not indicate an additional economic transaction.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-24+15,759→ 15,759 total→ Common Stock (15,759 underlying)
Footnotes (2)
- [F1]On February 26, 2026, the reporting person filed a Form 4 (the "Original Form 4") which inadvertently reported an incorrect number of Restricted Stock Units granted February 24, 2026. The Original Form 4 reported a grant of 14,700 Restricted Stock Units, and this amendment is being filed to report the correct number of Restricted Stock Units granted as 15,759.
- [F2]Restricted Stock Units issued on February 24, 2026 pursuant to the Company's 2014 Equity Incentive Plan, as Amended and Restated, cliff vesting on the first anniversary date of the grant and converting to common stock on a one-for-one basis.