---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-22-004610"
form_type: "8-K"
ticker: "TACT"
cik: "0001017303"
company_name: "TRANSACT TECHNOLOGIES INC"
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T11:28:44.327747+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TransAct enters cooperation with 325 Capital and Harbert; adds two directors, pledges board declassification

## Summary
- Board expands from 5 to 7 directors; Daniel Friedberg (325 Capital) and Audrey Dunning appointed.
- Haydee Ortiz Olinger elected Chair; Company commits to separate Chair & CEO roles ahead of 2022 annual meeting.
- Investor group owning ~16.8% of shares agrees to standstill and voting commitments through 45 days before 2023 nomination window.
- Company will submit a binding proposal to declassify the Board at the 2022 annual meeting.
- Withdrawal of previously filed stockholder nominations by the investor group effective immediately.

## SEC filing metadata
- accession: 0001214659-22-004610
- form_type: 8-K
- ticker: TACT
- cik: 0001017303
- company_name: TRANSACT TECHNOLOGIES INC
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1017303/000121465922004610/0001214659-22-004610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1017303/000121465922004610/g3312228k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-22-004610
- JSON: https://secwatch.observer/filing/0001214659-22-004610.json
- Plain text: https://secwatch.observer/filing/0001214659-22-004610.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.