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TSS (NASDAQ: TSSI) director receives 3,784 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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*
FAHY MICHAEL JOHN

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 3,784(1) A $0 8,784 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. Fahy and the Issuer and are subject to forfeiture. The restricted stock awarded will vest in installments as follows: (1) 1,261 shares will vest on January 14, 2027, (2) 1,261 shares will vest on January 14, 2028, and (3) 1,262 shares will vest on January 14, 2029.
/s/ Michael Fahy 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

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 many TSS, Inc. (TSSI) shares does Michael Fahy own after this transaction?

After the reported restricted stock grant, Michael Fahy beneficially owns 8,784 shares of TSS, Inc. common stock directly.

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.
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