James M. Jenkins - 31 May 2024 Form 4 Insider Report for TRANSCAT INC (TRNS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jun 2024, 16:29:41 UTC
Prior SEC filing
28 May 2024
Next SEC filing
04 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Scott D. Deverell, Attorney-in-Fact for James M. Jenkins

Key filing fact

James M. Jenkins filed Form 4 for TRANSCAT INC (TRNS) on 03 Jun 2024.

Key facts

  • This page summarizes James M. Jenkins's Form 4 filing for TRANSCAT INC (TRNS).
  • 2 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Jun 2024, 16:29.

Change

  • Previous filing in this sequence was filed on 28 May 2024.
  • Current net transaction value: -$13,284.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TRNS transaction

Common Stock, $.50 par value

Award

Transaction value
$0
Shares
+235
Change %
+15%
Price
$0.000000
Shares after
1,854
Date
31 May 2024
Ownership
Direct
Footnotes
F1
TRNS transaction

Common Stock, $.50 par value

Tax liability

Transaction value
$13,284
Shares
-104
Change %
-5.6%
Price
$127.73
Shares after
1,750
Date
31 May 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TRNS holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,485
Date
31 May 2024
Ownership
Direct
Underlying class
Common Stock, $.50 par value
Underlying amount
3,485
Exercise price
$0.000000
Footnotes
F3
TRNS holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,188
Date
31 May 2024
Ownership
Direct
Underlying class
Common Stock, $.50 par value
Underlying amount
1,188
Exercise price
$0.000000
Footnotes
F4
TRNS holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,500
Date
31 May 2024
Ownership
Direct
Underlying class
Common Stock, $.50 par value
Underlying amount
3,500
Exercise price
$63.17
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

James M. Jenkins is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

This restricted stock award was granted under the Transcat, Inc. 2021 Stock Incentive Plan in a transaction exempt under Rule 16b-3 and vested immediately upon grant.

Footnote F2

Shares withheld to cover tax withholding obligations upon the vesting of a restricted stock award.

Footnote F3

These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2026, except as otherwise provided in the award notice.

Footnote F4

These restricted stock units, which convert into common stock on a one-for-one basis, vest on March 28, 2025, except as otherwise provided in the award notice.

Footnote F5

This option vests on the third anniversary of the date of grant.

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