STOCK TITAN

B. Riley group (NASDAQ: TACT) cuts TransAct stake below 5% in final 13D

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

BRC Group Holdings, B. Riley entities and Bryant R. Riley have reported a significantly reduced stake in TransAct Technologies Inc. common stock and now collectively hold under 5% of the company. As of May 22, 2026, B. Riley Securities, Inc. directly beneficially owned 100,010 shares, or 0.97% of TransAct’s common stock, based on 10,276,279 shares outstanding as of April 30, 2026.

BRF Investments, LLC has ceased to be a beneficial owner of TransAct shares, and BRC Group Holdings’ and Bryant R. Riley’s reported interests are tied to the 100,010 shares held by B. Riley Securities. Because their collective ownership has fallen below 5%, this Amendment No. 7 is designated as the final amendment to their Schedule 13D, ending their Section 13(d) reporting obligations for this position.

Positive

  • None.

Negative

  • None.
B. Riley Securities holdings 100,010 shares Common stock directly beneficially owned as of May 22, 2026
B. Riley Securities ownership percentage 0.97% Portion of TransAct common stock based on 10,276,279 shares outstanding
TransAct shares outstanding 10,276,279 shares Common stock outstanding as of April 30, 2026 per Form 10-Q
BRC Group Holdings indirect stake 100,010 shares Indirectly beneficially owned through B. Riley Securities, representing 0.97%
Bryant R. Riley beneficial stake 100,010 shares May beneficially own 0.97% via B. Riley Securities; pecuniary interest only
BRF Investments holdings 0 shares Has ceased to be a beneficial owner of TransAct common stock
Collective ownership threshold <5.0% Reporting persons’ combined beneficial ownership as of May 22, 2026
beneficially owned financial
"B. Riley Securities, Inc. ("BRS") beneficially owned directly 100,010 shares of Common Stock"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Schedule 13D regulatory
"this Amendment No. 7 constitutes the final amendment to the on behalf of the Reporting Persons"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Section 13(d) regulatory
"the reporting obligations of the Reporting Persons under Section 13(d) have terminated"
pecuniary interest financial
"Bryant R. Riley disclaims beneficial ownership of the shares held by BRS except to the extent of his pecuniary interest therein"
dispositive power financial
"Sole Dispositive Power 100,010.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
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892918103

(CUSIP Number)
Bryant R. Riley
BRC Group Holdings, Inc.,, 11100 Santa Monica Boulevard, Suite 800
Los Angeles, CA, 90025
(818) 884-3737

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
05/22/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Percent of class is calculated based on 10,276,279 shares of common stock, par value $0.01 (the "Common Stock"), of TransAct Technologies, Inc. (the "Issuer") outstanding as of April 30, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the "SEC") on May 13, 2026 (the "10-Q").


SCHEDULE 13D




Comment for Type of Reporting Person:
Percent of class is calculated based on 10,276,279 shares of Common Stock of the Issuer outstanding as of April 30, 2026, as reported by the Issuer in the 10-Q.


SCHEDULE 13D




Comment for Type of Reporting Person:
Percent of class is calculated based on 10,276,279 shares of Common Stock of the Issuer outstanding as of April 30, 2026, as reported by the Issuer in the 10-Q.


SCHEDULE 13D




Comment for Type of Reporting Person:
Percent of class is calculated based on 10,276,279 shares of Common Stock of the Issuer outstanding as of April 30, 2026, as reported by the Issuer in the 10-Q.


SCHEDULE 13D


BRC Group Holdings, Inc.
Signature:/s/ Bryant Riley
Name/Title:Bryant Riley/Co-Chief Executive Officer
Date:05/27/2026
BRF Investments, LLC
Signature:/s/ Bryant Riley
Name/Title:Bryant Riley/Authorized Signatory
Date:05/27/2026
B. Riley Securities, Inc.
Signature:/s/ Frank Pigott
Name/Title:Frank Pigott/General Counsel and Secretary
Date:05/27/2026
Bryant R. Riley
Signature:/s/ Bryant R. Riley
Name/Title:Bryant R. Riley
Date:05/27/2026

FAQ

What stake in TransAct Technologies (TACT) does B. Riley now report?

B. Riley Securities, Inc. now directly beneficially owns 100,010 shares of TransAct Technologies common stock, representing 0.97% of the company’s outstanding shares, based on 10,276,279 shares outstanding as of April 30, 2026, reported in the issuer’s latest Form 10-Q.

Has BRF Investments, LLC exited its TransAct Technologies (TACT) position?

Yes. The filing states that BRF Investments, LLC has ceased to be the beneficial owner of any shares of TransAct Technologies common stock. Its aggregate beneficial ownership is now reported as 0 shares, corresponding to 0.00% of the issuer’s outstanding common stock.

How much of TransAct Technologies (TACT) stock does Bryant R. Riley beneficially own?

Bryant R. Riley may beneficially own 100,010 shares of TransAct Technologies common stock, or 0.97% of the outstanding shares, through holdings at B. Riley Securities, Inc. He disclaims beneficial ownership except to the extent of his pecuniary interest in those shares.

Why is this Schedule 13D/A for TransAct Technologies (TACT) marked as a final amendment?

As of May 22, 2026, the reporting persons collectively beneficially own less than 5.0% of TransAct Technologies’ outstanding common stock. Because their ownership has fallen below the 5% reporting threshold, this Amendment No. 7 is designated as the final amendment, terminating their Section 13(d) reporting obligations.

What share count did TransAct Technologies (TACT) use to calculate ownership percentages?

Ownership percentages are based on 10,276,279 shares of TransAct Technologies common stock outstanding as of April 30, 2026. That share count comes from the company’s Form 10-Q filed with the SEC on May 13, 2026, and is used consistently across the reporting persons’ calculations.

Do the B. Riley reporting persons share voting and dispositive power over TACT shares?

B. Riley Securities, Inc. reports sole voting and sole dispositive power over 100,010 TransAct shares. BRC Group Holdings, Inc. and Bryant R. Riley each report shared voting and shared dispositive power over 100,010 shares, reflecting indirect beneficial ownership through B. Riley Securities’ position.