Form 4: Transcat Director Gary J. Haseley Reports Stock Unit Vesting
SEC Form 4 Filing
Director Gary J. Haseley reports the vesting of restricted stock units convertible to 456 shares of Transcat, Inc. common stock.
Summary
- On September 6, 2024, Transcat, Inc. Director Gary J. Haseley reported the vesting of 456 restricted stock units.
- These units convert into common stock on a one-for-one basis.
- Following the transaction, Haseley directly owns 38,398 shares of common stock and indirectly owns 1,200 shares through family trusts.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock unit vesting, which is neither particularly positive nor negative.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies.
Stakeholder Impact
- The vesting of stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of Limited Power of Attorney signed by Gary J. Haseley. |
| 09/06/2024 | Date of transaction: Vesting of restricted stock units. |
| 09/09/2024 | Date of Form 4 filing. |
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