---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-016184"
form_type: "8-K"
ticker: "TACT"
cik: "0001017303"
company_name: "TRANSACT TECHNOLOGIES INC"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:00:30.920388+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# TransAct Technologies enters new employment agreements with CEO and CFO

## Summary
- CEO John M. Dillon gets base salary $618k, 2024 bonus target $206k under new employment agreement.
- CFO Steven A. DeMartino gets base $407,958, bonus target 50% of base; one-time grant of 100k RSUs valued at $414k.
- Both agreements replace prior letter agreements; severance includes 12 months base salary and change-in-control enhancements.
- CEO agreement runs one year with automatic renewals; CFO agreement includes 1-year non-compete and non-solicit covenants.

## SEC filing metadata
- accession: 0001214659-24-016184
- form_type: 8-K
- ticker: TACT
- cik: 0001017303
- company_name: TRANSACT TECHNOLOGIES INC
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1017303/000121465924016184/0001214659-24-016184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1017303/000121465924016184/o952448k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-016184
- JSON: https://secwatch.observer/filing/0001214659-24-016184.json
- Plain text: https://secwatch.observer/filing/0001214659-24-016184.txt

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