TSSI insider plans to sell 30,000 shares after restricted stock vesting

Rhea-AI Filing Summary

TSS, Inc. filing a Form 144 reports a proposed sale of 30,000 shares of common stock through Monarch Capital Group, with an aggregate market value of $480,000. The shares represent roughly 0.10% of the 28,814,244 shares outstanding reported on the form. The securities were acquired on 06/07/2025 by vesting of restricted stock from TSS, Inc., with 41,745 shares noted as the amount acquired on that date. The approximate sale date listed is 08/27/2025. The filer indicates nothing to report for securities sold in the past three months and includes the required representation that the seller is not aware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Proposed insider sale of 30,000 shares (~0.10% of outstanding) appears immaterial to capitalization but is a standard disclosure of planned sale.

The filing shows a scheduled sale via a broker for a modest position compared with total shares outstanding. The shares were acquired through restricted stock vesting on 06/07/2025, which is a common insider compensation event. Because there are no reported sales in the prior three months and the position size is small relative to the company's float, the transaction is unlikely to be market-moving. The representation regarding material adverse information is present as required.

Corporate Governance Expert

TL;DR: The Form 144 is a routine disclosure tied to vested restricted stock and reflects compliance with Rule 144 sale reporting requirements.

The notice documents vesting-origin shares and a planned sale through an identified broker. It includes the standard attestation about undisclosed material information and indicates no recent sales to aggregate. From a governance perspective, this filing demonstrates adherence to disclosure procedures; the small sale size reduces concerns about executive exodus or insider-driven liquidity events.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Monarch Capital Group, LLC 370 Lexington Ave. Suite 308 New York NY 10017	30000	480000.00	28814244	08/27/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/07/2025	Vesting of restricted stock	TSS, Inc.			41745	06/07/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What amount of TSS, Inc. (TSSI) stock is proposed for sale in this Form 144?

The filing proposes the sale of 30,000 shares of common stock with an aggregate market value of $480,000.

When were the shares being sold acquired according to the filing?

The shares were acquired on 06/07/2025 via the vesting of restricted stock from TSS, Inc.

Through which broker will the TSSI shares be sold and when is the approximate sale date?

The broker listed is Monarch Capital Group, LLC and the approximate date of sale is 08/27/2025.

How large is the proposed sale relative to TSS, Inc.'s outstanding shares?

The proposed 30,000 shares compare with 28,814,244 shares outstanding, about 0.10% of outstanding shares.

Does the filing report any securities sold by the seller in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.