TSSI (NASDAQ: TSSI) Form 144 notice — 100,000 restricted shares proposed sale
Rhea-AI Filing Summary
TSSI filed a Form 144 to sell 100,000 shares of Common Stock. The filing lists the securities as restricted stock vesting under a registered plan with a transaction date of 01/24/2026 and cites services rendered as the acquisition basis.
The filing also discloses two recent sales by Darryll Dewan/TSS Inc.: 50,000 shares on 04/14/2026 for $750,000 and 50,000 shares on 04/22/2026 for $800,000. Shares outstanding are listed as 28,860,368 as of 05/06/2026.
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Insights
Form 144 reports a proposed sale of 100,000 restricted shares tied to vesting.
The filing identifies the securities as restricted stock vesting under a registered plan with an effective transaction date of 01/24/2026. This characterizes the notice as a routine Section 144 disclosure for resale eligibility rather than an open-market trading plan.
Cash‑flow treatment is explicit for recent dispositions: two sales of 50,000 shares each occurred on 04/14/2026 and 04/22/2026 generating $750,000 and $800,000. Subsequent filings would show settlement details if required.