Form 4: TransAct Technologies Director Dunning Reports Stock Transactions
SEC Form 4 Filing
Director Audrey Dunning reports acquisition and disposal of TransAct Technologies (TACT) common stock and restricted stock units.
Summary
- On February 28, 2025, Audrey Dunning acquired 1,675 shares of common stock and disposed of 1,675 restricted stock units.
- On March 1, 2025, Dunning acquired 1,600 shares of common stock and disposed of 1,600 restricted stock units.
- Following these transactions, Dunning directly owns 9,775 shares of common stock and 3,200 restricted stock units.
- The restricted stock units convert to common stock on a one-for-one basis and vest 25% per year on each anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of restricted stock units issued 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 |
| 03/01/2023 | Date of restricted stock units issued 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 |
| 02/27/2025 | Date of restricted stock units acquired. |
| 02/28/2025 | Transaction date for conversion of restricted stock units to common stock. |
| 03/01/2025 | Transaction date for conversion of restricted stock units to common stock. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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