Lee D. Rudow - Mar 28, 2025 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
President and CEO, Director
Signature
/s/ Scott D. Deverell, Attorney-in-Fact for Lee D. Rudow
Stock symbol
TRNS
Transactions as of
Mar 28, 2025
Transactions value $
-$97,216
Form type
4
Date filed
4/1/2025, 04:33 PM
Previous filing
May 24, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRNS Common Stock, $.50 par value Options Exercise $0 +3.48K +3.8% $0.00 95.2K Mar 28, 2025 Direct F1, F2
transaction TRNS Common Stock, $.50 par value Tax liability -$97.2K -1.33K -1.4% $72.93 93.9K Mar 28, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRNS Restricted Stock Units Options Exercise $0 -3.48K -100% $0.00 0 Mar 28, 2025 Common Stock, $.50 par value 3.48K $0.00 Direct F1, F4
holding TRNS Restricted Stock Units 3.93K Mar 28, 2025 Common Stock, $.50 par value 3.93K $0.00 Direct F1, F5
holding TRNS Restricted Stock Units 8.79K Mar 28, 2025 Common Stock, $.50 par value 8.79K $0.00 Direct F1, F6
holding TRNS Stock Option (Right to Buy) 10K Mar 28, 2025 Common Stock, $.50 par value 10K $63.17 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Includes 22 shares acquired under the Transcat, Inc. Employee Stock Purchase Plan.
F3 Shares withheld to cover tax withholding obligations on the vesting of RSUs.
F4 These RSUs vested on March 28, 2025.
F5 These RSUs vest on March 27, 2027, except as otherwise provided in the award notice.
F6 These RSUs vest on March 28, 2026, except as otherwise provided in the award notice.
F7 This option vests and becomes exercisable on May 25, 2025, except as otherwise provided in the award notice.