TSS (NASDAQ: TSSI) director receives 3,784 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TSS, Inc. director Michael Fahy reported receiving a grant of 3,784 shares of common stock as restricted stock on January 14, 2026. The award was granted at a price of $0 per share and is subject to forfeiture under the award agreement. The restricted stock will vest in three equal time-based installments: 1,261 shares on January 14, 2027, 1,261 shares on January 14, 2028, and 1,262 shares on January 14, 2029. Following this grant, Fahy beneficially owns 8,784 shares of TSS common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FAHY MICHAEL JOHN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,784 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,784 shares (Direct)
Footnotes (1)
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FAQ
Who is the insider involved in this TSS, Inc. (TSSI) Form 4 filing?
The insider is Michael John Fahy, who serves as a director of TSS, Inc. He is not listed as an officer or 10% owner in this filing.
What transaction did Michael Fahy report for TSS, Inc. (TSSI)?
Michael Fahy reported an acquisition (Code A) of 3,784 shares of TSS, Inc. common stock as restricted stock on January 14, 2026 at a price of $0 per share.
How does the restricted stock for Michael Fahy vest at TSS, Inc. (TSSI)?
The restricted stock grant vests in three installments: 1,261 shares on January 14, 2027, 1,261 shares on January 14, 2028, and 1,262 shares on January 14, 2029, and is subject to forfeiture under the award agreement.
Was this TSS, Inc. (TSSI) Form 4 transaction part of a Rule 10b5-1 trading plan?
The Form 4 includes a checkbox for transactions under a Rule 10b5-1(c) plan, but the provided content does not indicate that this box was checked for Michael Fahy’s restricted stock grant.
Is Michael Fahy’s ownership in TSS, Inc. (TSSI) direct or indirect?
According to the filing data, Michael Fahy’s 8,784 shares of TSS, Inc. common stock are held with direct (D) ownership, with no indirect ownership entity listed.