TRANSACT TECHNOLOGIES INC — Form SCHEDULE 13D/A
Filed September 11, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D/A
▼ Likely negative
significance 78/100
What the filing says
Charles M. Gillman of IDWR Office disclosed a 5.1% stake in TransAct Technologies (filed 28 August) and is publicly calling for the company to sell both operating businesses — its slot-machine printer unit and BOHA! restaurant software — effectively demanding a full breakup and return of cash to shareholders. The activist campaign cites TransAct's $53M market cap as undervalued and targets independent sale of each division through separate investment banks.
Why this rating
5.1% activist stake with explicit breakup demand is material for a $32M-cap company. Represents major governance threat and potential forced strategic transaction, though outcome uncertain.
Tradability signal
SHORT
conviction 30/100 · expected -0.66% over 4 hrs
SHORT (drift): bad news keeps sliding after dissemination — our one persistent measured edge. Similar past filings (13 in this cell) moved +1.92% in the called direction over 4 hrs; shrunk for sample size that's a +0.66% edge. Price is up 0.0% since the filing hit EDGAR — market hasn't digested it yet. Exit plan: HARD stop 5% against entry — default width (volatility unmeasured), fixed, not trailing (trails test terribly on these names) — time exit 4 hrs.
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it negative)
before filing · preread $5.25 ▲ 0.00% | at our read · unknown $5.25 | +10 min · unknown $5.30 ▲ 0.95% | +30 min · unknown $5.32 ▲ 1.33% | +1 hr · unknown $5.30 ▲ 0.95% | +4 hrs pending |
The stock had already moved +0.00% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from September 11, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.