TSSI Form 4: Officer Reports Two Stock Sales totaling 26,825 Shares
Rhea-AI Filing Summary
Karl Todd Marrott, Chief Operating Officer of TSS, Inc. (TSSI), reported two sales of company common stock. On 08/27/2025 he sold 2,917 shares at a weighted-average price of $16.23, after which he beneficially owned 330,583 shares. On 08/28/2025 he sold 23,908 shares at a weighted-average price of $16.16, after which he beneficially owned 306,675 shares. The Form 4 was signed by an attorney-in-fact on 08/29/2025.
Positive
- None.
Negative
- Officer sold 26,825 shares of TSS, Inc. common stock across two transactions on 08/27/2025 and 08/28/2025
- Weighted-average sale prices reported (~$16.23 and ~$16.16) rather than per-trade prices (footnotes provide ranges)
Insights
TL;DR: Insider sales of 26,825 shares were reported over two days at ~16.2 USD; filing is routine disclosure of transactions.
The Form 4 discloses two non-derivative disposition transactions by the reporting person, a named officer. The filing provides weighted-average sale prices and resulting post-transaction beneficial ownership. There is no supplemental information about the reason for the sales or any related trading plan disclosed in this Form 4. For investors, the report documents executed sales but does not, by itself, indicate a change in company operations or guidance.
TL;DR: This is a standard Section 16 disclosure showing officer stock sales; documentation and weighted-average pricing are provided.
The report meets Section 16(a) requirements by listing transaction dates, codes, share amounts, weighted-average prices, and updated beneficial ownership. Footnotes state the prices are weighted averages across multiple transactions and offer to provide per-trade detail on request. The signature by an attorney-in-fact is included, indicating proper execution of the filing process.