TSS (TSSI) CFO surrenders 12,175 shares to cover tax withholding

Rhea-AI Filing Summary

TSS, Inc. Chief Financial Officer Daniel M. Chism filed a Form 4 reporting a tax-related share transaction. On 01/16/2026, he surrendered 12,175 shares of common stock at $12.05 per share to the company to satisfy tax withholding obligations tied to the vesting of restricted stock awards. After this withholding transaction, he directly beneficially owned 358,824 shares of TSS, Inc. common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHISM DANIEL M

(Last) (First) (Middle)

1800 AVIATION DRIVE

BUILDING 1, SUITE 100

(Street)

GEORGETOWN TX 78628

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TSS, Inc. [ TSSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/16/2026		F		12,175(1)	D	$12.05	358,824	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock awards.

	/s/ Christopher R. Johnson, Attorney-in-Fact	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did TSS Inc. (TSSI) report for its CFO?

TSS, Inc. Chief Financial Officer Daniel M. Chism reported surrendering 12,175 shares of common stock on 01/16/2026 to cover tax withholding on vested restricted stock awards.

What was the price per share for Daniel M. Chism's Form 4 transaction at TSS Inc. (TSSI)?

The 12,175 shares of TSS, Inc. common stock surrendered by Daniel M. Chism in the Form 4 were valued at $12.05 per share for tax withholding purposes.

How many TSS Inc. (TSSI) shares does the CFO own after the reported Form 4 transaction?

Following the reported tax withholding transaction, Daniel M. Chism beneficially owned 358,824 shares of TSS, Inc. common stock in direct ownership.

What does transaction code "F" mean in the TSS Inc. (TSSI) Form 4 for the CFO?

Transaction code "F" indicates that the 12,175 shares were surrendered to the issuer to satisfy tax withholding obligations associated with vesting restricted stock awards, rather than being an open-market sale.

Is the TSS Inc. (TSSI) CFO’s Form 4 transaction an open-market sale?

No. The footnote explains that the 12,175 shares were surrendered to the issuer solely to satisfy tax withholding obligations in connection with restricted stock vesting, not sold in the open market.

Who is the reporting person on this TSS Inc. (TSSI) Form 4 filing?

The reporting person is Daniel M. Chism, who serves as Chief Financial Officer of TSS, Inc., and he filed the Form 4 as a single reporting person.