SCHEDULE: Grand Slam Entities Disclose 2.6% Stake in TransAct Technologies
Beneficial Ownership Statement
Grand Slam Asset Management, Grand Slam Capital Partners, and Mitchell Sacks jointly report a combined beneficial ownership of 2.6% in TransAct Technologies Inc.
Summary
- Grand Slam Asset Management, LLC, Grand Slam Capital Partners, LP, and Mitchell Sacks (collectively, "Reporting Persons") have jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in TransAct Technologies Inc.
- As of September 30, 2025, Mitchell Sacks beneficially owns 258,443 shares, representing 2.6% of the outstanding common stock. This includes 3,900 shares held in his individual retirement account and 10,000 shares owned by his spouse.
- Grand Slam Asset Management, LLC beneficially owns 244,543 shares, representing 2.4% of the outstanding common stock, with shared voting and dispositive power.
- Grand Slam Capital Partners, LP beneficially owns 199,596 shares, representing 2.0% of the outstanding common stock, with shared voting and dispositive power.
- The beneficial ownership percentages are calculated based on 10,092,326 shares of TransAct Technologies Inc. common stock outstanding as of July 31, 2025.
- The Reporting Persons certified that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 5
Explanation: Neutral. This is a standard beneficial ownership disclosure and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects.
Future Outlook
NA
Industry Context
This is a routine disclosure of institutional ownership, common across all industries, and does not provide specific industry context for TransAct Technologies Inc.'s operations or market position.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Statement of Intent | Reporting Persons certified that the securities were not acquired and are not held for the purpose of changing or influencing the control of TransAct Technologies Inc., nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11. | 2025-11-13 | Indicates a passive investment stance by the Reporting Persons, suggesting no immediate intent to engage in activist campaigns or seek board representation beyond potential nominations under specific proxy rules. |
Stakeholder Impact
- Shareholders: Provides transparency on significant institutional holdings, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 2024-04-05 | Original Schedule 13G filing date for Joint Filing Agreement reference. |
| 2025-07-31 | Date as of which 10,092,326 shares of common stock were outstanding, per Issuer's 10-Q. |
| 2025-08-12 | Date Issuer's Quarterly Report on Form 10-Q for Q2 2025 was filed. |
| 2025-09-30 | Date of event requiring this Schedule 13G filing. |
| 2025-11-13 | Filing date of this Schedule 13G Amendment No. 1. |
Keywords
TransAct Technologies, TRT, Schedule 13G, Beneficial Ownership, Grand Slam Asset Management, Grand Slam Capital Partners, Mitchell Sacks, Institutional Ownership, SEC Filing
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