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

Signature
/s/ Scott D. Deverell, Attorney-in-Fact for Lee D. Rudow
Issuer symbol
TRNS
Transactions as of
28 Mar 2025
Transactions value $
$-97,216
Form type
4
Filing time
01 Apr 2025, 16:33:02 UTC
Previous filing
24 May 2024
Next filing
25 Aug 2025

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 +3,483 +3.8% $0.000000 95,197 28 Mar 2025 Direct F1, F2
transaction TRNS Common Stock, $.50 par value Tax liability $-97,216 -1,333 -1.4% $72.93 93,864 28 Mar 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 -3,483 -100% $0.000000 0 28 Mar 2025 Common Stock, $.50 par value 3,483 $0.000000 Direct F1, F4
holding TRNS Restricted Stock Units 3,925 28 Mar 2025 Common Stock, $.50 par value 3,925 $0.000000 Direct F1, F5
holding TRNS Restricted Stock Units 8,785 28 Mar 2025 Common Stock, $.50 par value 8,785 $0.000000 Direct F1, F6
holding TRNS Stock Option (Right to Buy) 10,000 28 Mar 2025 Common Stock, $.50 par value 10,000 $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.