TransAct Technologies (TACT) CEO trust buys 100K company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransAct Technologies CEO John Dillon reported open-market purchases of company stock through a trust. A trust associated with him bought 29,098 shares of common stock on March 13 at a weighted average price of $3.56 per share, in multiple trades between $3.30 and $3.60. On March 16, the trust bought an additional 70,902 shares at a weighted average price of $3.49, in trades between $3.39 and $3.60, bringing the trust’s indirect holdings to 100,000 shares. Dillon also directly owns 168,318 shares of common stock, which now reflects an extra 1,100 shares that had been omitted from earlier filings due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($351,037)
Net Buy
3 txns
Insider
DILLON JOHN
Role
CEO
Bought
100,000 shs ($351K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 70,902 | $3.49 | $247K |
| Purchase | Common Stock | 29,098 | $3.56 | $104K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 100,000 shares (Indirect, By Trust);
Common Stock — 168,318 shares (Direct)
Footnotes (1)
- Represents the weighted average purchase price for 29,098 shares purchased in multiple transactions at prices ranging from $3.30 to $3.60 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff on the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Represents the weighted average purchase price for 70,902 shares purchased in multiple transactions at prices ranging from $3.39 to $3.60 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff on the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Reflects an additional 1,100 shares owned by Mr. Dillon, which were inadvertently omitted from his prior Form 4 filings due to an administrative error.
FAQ
What insider transactions did TransAct Technologies (TACT) report for CEO John Dillon?
CEO John Dillon reported open-market purchases of TransAct Technologies common stock through a trust, totaling 100,000 shares, plus a correction that increased his direct holdings to 168,318 shares after recognizing 1,100 previously omitted shares.
Are John Dillon’s TransAct Technologies (TACT) purchases direct or through a trust?
The reported purchases were made indirectly through a trust. Following these transactions, the trust holds 100,000 TransAct Technologies common shares, while Dillon also holds an additional 168,318 shares directly in his own name.