A Form 4 filed on September 10, 2026 reports that Robert Mecca, a director of Transcat Inc (NASDAQ:TRNS), acquired newly granted restricted stock units and had previously granted RSUs vest into common shares on September 9-10, 2026.

Key Highlights

  • New RSU grant: Mecca was granted 1,671 restricted stock units on September 9, 2026, at a price of $0, exempt under Rule 16b-3, vesting on September 9, 2027.
  • RSU vesting: 1,587 restricted stock units vested on September 10, 2026, converting into 1,587 shares of common stock at $0 per unit.
  • Post-transaction ownership: Following these transactions, Mecca directly holds 2,291 shares of Transcat common stock.
  • Remaining derivative securities: Mecca holds 1,671 RSUs and a stock option to purchase 10,000 shares at an exercise price of $98.88, with the option expiring January 24, 2034.
  • Stock option vesting schedule: The option vests pro rata in one-fifth increments on each of the first through fifth anniversaries of the grant date, according to the filing.

RSU Activity and Beneficial Ownership Changes for Transcat Director Robert Mecca

According to the filing, Robert Mecca, identified as a director of Transcat Inc, reported two distinct transactions involving restricted stock units. On September 9, 2026, Mecca acquired 1,671 RSUs in a grant reported under transaction code A. The filing states these RSUs were "granted in a transaction exempt under Rule 16b-3" and are scheduled to vest on September 9, 2027, except as otherwise provided in the award agreement. Each RSU converts into one share of common stock, $.50 par value, on a one-for-one basis.

On September 10, 2026, 1,587 previously granted RSUs vested (transaction code M), resulting in the acquisition of 1,587 shares of Transcat common stock at a price of $0. Following this conversion, the filing shows Mecca's direct beneficial ownership of common stock stands at 2,291 shares. The vested RSU position was reduced to zero following the conversion.

The filing also discloses that Mecca holds a stock option to purchase 10,000 shares of common stock at an exercise price of $98.88, expiring January 24, 2034. Per the filing, this option vests pro rata with respect to one-fifth of the shares on each of the first through fifth anniversaries of the date of grant. The Form 4 was signed by Kristina L. Johnston as attorney-in-fact for Robert Mecca on September 10, 2026.

What Was Disclosed

The filing discloses a new RSU grant of 1,671 units to director Robert Mecca, the vesting of 1,587 RSUs into common shares, and his resulting direct ownership of 2,291 shares of Transcat common stock, plus outstanding derivative securities.