Bernstein Amends TACT Stake to 818,167 Shares

Ticker: TACT · Form: SC 13G/A · Filed: Jan 5, 2024 · CIK: 1017303

Transact Technologies Inc SC 13G/A Filing Summary
FieldDetail
CompanyTransact Technologies Inc (TACT)
Form TypeSC 13G/A
Filed DateJan 5, 2024
Risk Levellow
Pages4
Reading Time5 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: insider-ownership, amendment, institutional-investor

TL;DR

**Major investor Jeffrey M. Bernstein still holds 818,167 shares of TACT.**

AI Summary

Jeffrey M. Bernstein, a key figure at SILVERBERG BERNSTEIN CAPITAL MGMT LLC, has updated his beneficial ownership in TransAct Technologies Incorporated (TACT) as of December 31, 2023. This amendment to his Schedule 13G filing shows he beneficially owns 818,167 shares, representing a significant stake in the company. This matters to investors because it indicates a substantial, continued interest from a major investor, potentially signaling confidence in the company's future, or at least a long-term commitment.

Why It Matters

This filing shows a significant investor, Jeffrey M. Bernstein, maintains a large stake in TransAct Technologies, which can influence market perception and potentially provide stability to the stock.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant ownership stake by an individual, which generally reduces volatility risk.

Analyst Insight

Investors should note the continued significant ownership by Jeffrey M. Bernstein, which could be a sign of long-term commitment, but should also research TransAct Technologies' fundamentals and recent performance before making investment decisions.

Key Numbers

  • 818,167 — Shares Beneficially Owned (Represents Jeffrey M. Bernstein's total beneficial ownership in TransAct Technologies Incorporated as of December 31, 2023.)
  • December 31, 2023 — Date of Event (The date on which the event requiring this Schedule 13G/A filing occurred.)
  • 892918103 — CUSIP Number (Unique identifier for TransAct Technologies Incorporated's common stock.)

Key Players & Entities

  • Jeffrey M. Bernstein (person) — Reporting Person, beneficial owner of TransAct Technologies Incorporated shares
  • TransAct Technologies Incorporated (company) — The issuer of the securities being reported on
  • SILVERBERG BERNSTEIN CAPITAL MGMT LLC (company) — Affiliation of the reporting person
  • 818,167 (dollar_amount) — Aggregate amount of shares beneficially owned by Jeffrey M. Bernstein

Forward-Looking Statements

  • Jeffrey M. Bernstein will maintain a significant ownership stake in TransAct Technologies Incorporated. (Jeffrey M. Bernstein) — medium confidence, target: Q4 2024

FAQ

Who is the reporting person in this SC 13G/A filing?

The reporting person in this SC 13G/A filing is Jeffrey M. Bernstein, as stated in 'Names of Reporting Persons' on the cover page.

What is the name of the issuer whose securities are being reported on?

The issuer is TransAct Technologies Incorporated, as indicated under 'Name of Issuer' in the filing.

How many shares are beneficially owned by Jeffrey M. Bernstein according to this filing?

Jeffrey M. Bernstein beneficially owns an aggregate amount of 818,167 shares, as reported in 'Aggregate Amount Beneficially Owned by Each Reporting Person' (Row 9) on the cover page.

What was the date of the event that required this amendment filing?

The date of the event which required the filing of this statement was December 31, 2023, as specified in the filing.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(c), as indicated by the checked box on the cover page.

Filing Stats: 1,173 words · 5 min read · ~4 pages · Grade level 9.8 · Accepted 2024-01-05 10:26:49

Filing Documents

(a)

Item 1(a). Name of Issuer TransAct Technologies Incorporated (the “Issuer”)

(b)

Item 1(b). Address of the Issuer’s Principal Executive Offices One Hamden Center 2319 Whitney Avenue, Suite 3B Hamden, CT 06518

(a)

Item 2(a). Names of Persons Filing This Schedule 13G is filed jointly by: Jeffrey M. Bernstein Irwin Silverberg The foregoing persons are hereinafter sometimes collectively referred to as the “Reporting Persons.” Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information furnished by another Reporting Person. Each Reporting Person expressly declares that neither the filing of this statement nor anything herein shall be construed as an admission that such Reporting Person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement.

(b)

Item 2(b). Address of the Principal Business Office, or if none, Residence: c/o Silverberg Bernstein Capital Management LLC, 4 Miller Circle, Armonk, NY 10504

(c)

Item 2(c). Citizenship Jeffrey Bernstein - United States Irwin Silverberg – United States

(d)

Item 2(d). Title of Class of Securities Common Stock

(e)

Item 2(e). CUSIP Number 892918103 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) Broker or Dealer registered under Section 15 of the Exchange Act. (b) Bank as defined in Section 3(a)(b) or the Exchange Act. (c) Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) Investment company registered under Section 8 of the Investment Company Act. (e) An Investment adviser in accordance with Rule 13d-1 (b)(1)(ii)(e). (f) An employee benefit plan or endowment fund in accordance with Rule 13d 1(b)(1)(ii)(f). 4 (g) A Parent Holding Company or control person in accordance with Rule 13d 1(b)(1)(ii)(g). (h) A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) A Church Plan that is excluded from the definition of an investment company under Section 3 (c)(14) of the Investment Company Act. (j) Group, in accordance with Rule 13d-1 (b)(1)(ii)(j). Not applicable Item 4. The information required by Items 4(a)-(c) is set forth in Rows 5-11 of each Cover Pages and is incorporated herein by reference. The Reporting Persons expressly declare that neither the filing of this statement nor anything herein shall be construed as an admission that such Reporting Persons are, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement. Item 5. Not Applicable. Item 6. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person Not Applicable Item 8. Identification and Classification of Members of the Group Not Applicable Item 9. Notice of Dissolution of Group Not Applicable Item 10. Certi

View Full Filing

View this SC 13G/A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.