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- Departure Of Cfo (new) — CFO Steven DeMartino is retiring effective June 30, 2026, though the company states this is not due to any disagreement with the company.
TransAct CFO DeMartino retiring June 30; Controller Campbell promoted; $3M buyback authorized
Filed May 12, 2026 · Period ending May 7, 2026 · ~1 min read
Key Changes
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CFO Steven DeMartino retiring June 30, 2026, receiving $102K pro-rated bonus, $100K transition payment, 18 months COBRA, and accelerated vesting of 41,747 performance shares. Will provide advisory services through December 2026 for $34K monthly.
Item 5.02 verify on EDGAR → -
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Controller Robert Campbell (50, 25+ years finance experience, with company since June 2022) promoted to CFO, Secretary, and Treasurer effective June 30. Compensation: $250K base, $87.5K target bonus, 15,000 RSUs vesting over four years.
Item 5.02 verify on EDGAR → -
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Board authorized $3M share repurchase program over 12 months starting May 12, 2026, through open-market or privately negotiated transactions. Signals management views shares as undervalued.
Item 8.01 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify