Craig D. Cairns - 31 Jan 2025 Form 4 Insider Report for TRANSCAT INC (TRNS)

Role
Director
Signature
/s/ Scott D. Deverell, Attorney-in-Fact for Craig D. Cairns
Issuer symbol
TRNS
Transactions as of
31 Jan 2025
Net transactions value
+$92,427
Form type
4
Filing time
03 Feb 2025, 16:30:28 UTC
Previous filing
11 Sep 2024
Next filing
11 Sep 2025
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 Purchase $15,334 +200 +87% $76.67 430 31 Jan 2025 By Howe & Rusling 401(k) Plan FBO Craig D. Cairns
transaction TRNS Common Stock, $.50 par value Purchase $77,093 +1,000 +110% $77.09 1,910 31 Jan 2025 By Howe & Rusling Roth 401(k) Plan FBO Craig D. Cairns
holding TRNS Common Stock, $.50 par value 4,299 31 Jan 2025 Direct

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
holding TRNS Restricted Stock Units 704 31 Jan 2025 Common Stock, $.50 par value 704 $0.000000 Direct F1
holding TRNS Stock Option (Right to Buy) 10,000 31 Jan 2025 Common Stock, $.50 par value 10,000 $47.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units, which convert into common stock on a one-for-one basis, were granted in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest on September 11, 2025.
F2 This option vests and becomes exercisable pro rata with respect to one-fifth of the shares subject to the option on the first, second, third, fourth and fifth anniversaries of the date of grant, except as otherwise provided in the award agreement.