Form 4: Director Cynthia Langston Reports Stock Transactions in Transcat Inc (TRNS)
SEC Form 4 Filing
Cynthia Langston, a director of Transcat Inc, reports the vesting of restricted stock units and their conversion into common stock.
Summary
- On September 6, 2024, Cynthia Langston, a director of Transcat Inc, reported transactions involving Transcat Inc's common stock.
- Langston vested 456 restricted stock units (RSUs) which converted into 456 shares of common stock.
- Following the transaction, Langston directly owns 1,133 shares of Transcat Inc.
- Langston also holds options to buy 10,000 shares of common stock at a price of $73.8, exercisable in installments until September 7, 2032.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date of transaction: Vesting of restricted stock units and conversion to common stock. |
| 09/07/2032 | Expiration date of stock options. |
| 09/09/2024 | Date of signature on the Form 4 filing. |
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