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TSS, Inc. (TSSI) COO receives 29,801 restricted stock award grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TSS, Inc. reported that its Chief Operating Officer, Karl Todd Marrott, received a grant of 29,801 shares of common stock on January 14, 2026 as an equity award. The filing shows these shares are restricted stock issued at a price of $0 per share under an award agreement and are subject to forfeiture. The restricted shares vest in three annual installments: 9,934 shares on January 14, 2027, 9,934 shares on January 14, 2028, and 9,933 shares on January 14, 2029. After this grant, Marrott beneficially owns 306,837 shares of TSS common stock directly.

Positive

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Negative

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
MARROTT KARL TODD

(Last) (First) (Middle)
C/O TSS, INC. 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 Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026
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 01/14/2026 A 29,801(1) A $0 306,837 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. These shares of common stock represent restricted stock granted pursuant to an award agreement between Mr. Marrott and the Issuer and are subject to forfeiture. The restricted stock awarded will vest in installments as follows: (1) 9,934 shares will vest on January 14, 2027, (2) 9,934 shares will vest on January 14, 2028, and (3) 9,933 shares will vest on January 14, 2029.
/s/ Christopher R. Johnson, Attorney-in-Fact 01/16/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TSS, Inc. (TSSI) disclose?

TSS, Inc. disclosed that Chief Operating Officer Karl Todd Marrott received a grant of 29,801 shares of restricted common stock on January 14, 2026.

What type of shares were granted to Karl Todd Marrott at TSS, Inc. (TSSI)?

The award consists of restricted common stock that was granted pursuant to an award agreement and is subject to forfeiture.

How will Karl Todd Marrott’s restricted stock grant at TSS, Inc. vest?

The restricted stock will vest in three installments: 9,934 shares on January 14, 2027, 9,934 shares on January 14, 2028, and 9,933 shares on January 14, 2029.

Did Karl Todd Marrott pay for the restricted shares he received from TSS, Inc.?

No cash was paid for the award; the filing shows a transaction price of $0 per share for the 29,801 restricted shares.

How many TSS, Inc. shares does Karl Todd Marrott own after this grant?

Following the reported transaction, Karl Todd Marrott beneficially owns 306,837 shares of TSS, Inc. common stock, held directly.

Was this TSS, Inc. insider grant reported as a direct or indirect holding?

The filing shows the 29,801 restricted shares, and the total 306,837 shares following the transaction, as held in direct ownership.

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