Current Report · Items 5.02 · 8-K
TABLE TRAC INC
TBTCOTCEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. On August 7, 2026, pursuant to the Company’s 2021 Stock Incentive Plan, the Compensation Committee of the Board of Table Trac, Inc.…
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On August 7, 2026, pursuant to the Company’s 2021 Stock Incentive Plan, the Compensation Committee of the Board of Table Trac, Inc. (the “Company”) approved the grant of a stock option to purchase 100,000 shares of the Company’s common stock to Randy Gilbert, the Company’s Chief Executive Officer and Chief Financial Officer. The stock option has an exercise price of $4.51 per share, which is the closing price on the grant date, and will expire 10 years from the grant date. The stock option will vest over four years, with 16,000 shares subject to the option vesting on the one-year anniversary date and the remaining shares vesting in equal annual installments over the following three years, subject to Mr. Gilbert’s continued employment through the applicable vesting date.