Shuldman Maintains 7.07% Stake in TransAct Technologies

TL;DR

**Bart Shuldman still owns 7.07% of TransAct Technologies, a bullish sign for investors.**

AI Summary

Bart C. Shuldman, a key individual associated with TransAct Technologies Inc., has filed an amended Schedule 13G/A, indicating a beneficial ownership of 704,550 shares of the company's common stock as of December 31, 2023. This represents 7.07% of the total outstanding shares. This filing is an update to his previous disclosures, showing his continued significant stake in the company, which could signal confidence to investors.

Why It Matters

This filing shows that a significant individual, Bart C. Shuldman, continues to hold a substantial portion of TransAct Technologies Inc. stock, which can be interpreted as a vote of confidence in the company's future by an insider.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant ownership by an individual, which generally reduces perceived risk due to insider alignment.

Analyst Insight

A smart investor would view Bart C. Shuldman's continued significant ownership (7.07%) as a positive signal, suggesting insider confidence in TransAct Technologies Inc., and might consider further research into the company's fundamentals.

Key Numbers

• 704,550 — Aggregate Shares Beneficially Owned (Total shares of TransAct Technologies Inc. common stock owned by Bart C. Shuldman as of December 31, 2023.)
• 7.07% — Percent of Class (Percentage of TransAct Technologies Inc. common stock owned by Bart C. Shuldman.)
• 703,005 — Sole Voting Power Shares (Shares over which Bart C. Shuldman has sole voting and dispositive power.)
• 1,545 — Shared Voting Power Shares (Shares over which Bart C. Shuldman has shared voting and dispositive power.)

Key Players & Entities

• Bart C. Shuldman (person) — Reporting Person, beneficial owner of TransAct Technologies Inc. shares
• TransAct Technologies Incorporated (company) — The issuer of the common stock
• $0.01 (dollar_amount) — Par value per share of common stock
• December 31, 2023 (date) — Date of event requiring the filing

Forward-Looking Statements

• Bart C. Shuldman will maintain a significant ownership stake in TransAct Technologies Inc. for the foreseeable future. (Bart C. Shuldman) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie

Filing Documents

• d25241sc13ga3.htm (SC 13G/A) — 50KB
• 0001214659-24-001939.txt ( ) — 52KB

(a)

Item 1(a). NAME OF ISSUER TransAct Technologies Incorporated

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES One Hamden Center 2319 Whitney Avenue, Suite 3B Hamden, CT 06518

(a)

Item 2(a). NAME OF PERSON FILING Bart C. Shuldman

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE 9 Marina Drive, Unit A Key Largo, FL 33037

(c)

Item 2(c). CITIZENSHIP United States

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES Common Stock, par value $0.01 per share

(e)

Item 2(e). CUSIP NUMBER 892918103 CUSIP No. 892918103 Schedule 13G Page 5 of 9 Pages Item 3. IF THIS STATEMENT IS FILED PURSUANT TO §§240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) ¨ A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: Not applicable. CUSIP No. 892918103 Schedule 13G Page 6 of 9 Pages Item 4. (a) Amount beneficially owned: 704,550 (1)(2) (b) Percent of class: 7.07% (1)(2)(3) (c) Number of shares as to which the person has: (i) Sole power to vote or direct the vote: 703,005 (1) (ii) Shared power to vote or direct the vote: 1,545 (2) (iii) Sole power to dispose or direct the disposition of: 703,005 (1) (iv) Shared power to dispose or direct the disposition of: 1,545 (2) (1) Includes (i) 131,880 sha

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View this SC 13G/A filing on SEC EDGAR