Form 4: Transcat Inc. Executive Thomas L. Barbato Reports Stock Transactions
SEC Form 4
Senior VP Finance & CFO of Transcat Inc., Thomas L. Barbato, reports the vesting of restricted stock units and associated tax withholding, along with holdings of stock options.
Summary
- On March 28, 2025, Thomas L. Barbato, Sr. VP Finance & CFO of Transcat Inc., reported transactions involving the company's stock.
- Barbato acquired 1,417 shares of common stock upon the vesting of restricted stock units (RSUs).
- 658 shares were disposed of to cover tax withholding obligations related to the RSU vesting at a price of $72.93 per share.
- Following these transactions, Barbato directly owns 1,699 shares of common stock.
- Barbato also holds derivative securities, including options to buy 6,000 shares at $90.92 (fully exercisable) and 5,000 shares at $63.17 (vesting on May 25, 2025).
- Additionally, Barbato holds 1,919 RSUs vesting on March 27, 2027, and 3,686 RSUs vesting on March 28, 2026.
Sentiment
Score: 5
Explanation: This is a standard SEC filing related to executive compensation and stock transactions, with no inherent positive or negative sentiment. It simply reflects the normal course of business.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- Shareholders can use this information to understand executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of earliest transaction: vesting of RSUs and tax withholding. |
| 03/28/2025 | RSUs vested on this date. |
| 05/25/2025 | Date when stock options at $63.17 vest and become exercisable. |
| 03/28/2026 | Date when 3,686 RSUs vest. |
| 01/03/2027 | Date when stock options at $90.92 are fully exercisable. |
| 03/27/2027 | Date when 1,919 RSUs vest. |
| 04/01/2025 | Date of report. |
Keywords
Transcat Inc, Thomas L. Barbato, Form 4, Stock Options, Restricted Stock Units, Insider Trading, TRNS, SEC Filing
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