TSS Inc. (TSSI) CFO granted 33,113 restricted shares vesting by 2029
Rhea-AI Filing Summary
TSS, Inc. reported that Chief Financial Officer Daniel M. Chism acquired 33,113 shares of common stock on January 14, 2026, recorded as an "A" (acquired) transaction at a price of $0 per share. Following this grant, he beneficially owns 370,999 shares of the company’s common stock in direct form.
The 33,113 shares are restricted stock granted under an award agreement and are subject to forfeiture. The award will vest in three installments: 11,038 shares on January 14, 2027, 11,038 shares on January 14, 2028, and 11,037 shares on January 14, 2029.
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FAQ
What insider transaction did TSS, Inc. (TSSI) disclose in this Form 4?
TSS, Inc. disclosed that Chief Financial Officer Daniel M. Chism acquired 33,113 shares of common stock on January 14, 2026 as an "A" (acquired) transaction at $0 per share.
How many TSS, Inc. (TSSI) shares does the CFO own after this transaction?
After the reported transaction, Chief Financial Officer Daniel M. Chism beneficially owns 370,999 shares of TSS, Inc. common stock in direct ownership.
What type of shares were granted to the TSS, Inc. CFO in this filing?
The 33,113 shares granted to the CFO are restricted stock, issued under an award agreement with TSS, Inc. and subject to forfeiture.
How will the 33,113 restricted shares to the TSS, Inc. CFO vest over time?
The restricted stock will vest in three tranches: 11,038 shares on January 14, 2027, 11,038 shares on January 14, 2028, and 11,037 shares on January 14, 2029.
Did the TSS, Inc. CFO pay anything for the 33,113 restricted shares?
No cash payment is shown; the 33,113 restricted shares were recorded at a transaction price of $0 per share, consistent with an equity award grant.
Is the reported TSS, Inc. Form 4 transaction a direct or indirect holding?
The filing shows the CFO’s holdings as direct ownership (D), with no nature of indirect beneficial ownership listed.