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  4. [Form 4] TSS, Inc. Insider Trading Activity

TSS, Inc. (TSSI) COO sells 800 shares under Rule 10b5-1 plan

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

Rhea-AI Filing Summary

TSS, Inc. Chief Operating Officer Karl Todd Marrott executed an open-market sale of 800 shares of Common Stock at $15.00 per share. The transaction was carried out on April 16, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2025.

Following this sale, Marrott directly holds 290,136 shares of TSS, Inc. common stock, indicating that the transaction represents a small portion of his overall reported position.

Positive

  • None.

Negative

  • None.
Insider MARROTT KARL TODD
Role Chief Operating Officer
Sold 800 shs ($12K)
Type Security Shares Price Value
Sale Common Stock 800 $15.00 $12K
Holdings After Transaction: Common Stock — 290,136 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 800 shares Open-market sale on April 16, 2026
Sale price $15.00 per share Price for Common Stock in reported transaction
Shares held after transaction 290,136 shares Direct ownership following sale
Sell transactions 1 transaction Non-derivative open-market sale in this Form 4
Net share change -800 shares Net buy/sell direction reported as net-sell
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale" for the Common Stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" in the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
X
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 TEXAS 78628
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
TSS, Inc. [ TSSI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/16/2026S800(1)D$15290,136D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 12, 2025.
/s/ Christopher R. Johnson, Attorney-in-Fact04/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did TSS, Inc. (TSSI) report for Karl Todd Marrott?

TSS, Inc. reported that Chief Operating Officer Karl Todd Marrott completed an open-market sale of 800 shares of Common Stock. The shares were sold at $15.00 per share, and he continues to hold 290,136 shares directly after the transaction.

At what price did the TSS, Inc. (TSSI) COO sell his shares?

Karl Todd Marrott sold 800 shares of TSS, Inc. Common Stock at $15.00 per share. This was an open-market sale, and after the transaction he directly holds 290,136 shares, according to the reported Form 4 data.

How many TSS, Inc. (TSSI) shares does Karl Todd Marrott hold after the sale?

After the reported sale, Karl Todd Marrott directly holds 290,136 shares of TSS, Inc. Common Stock. This follows his open-market disposition of 800 shares at $15.00 per share on April 16, 2026, as disclosed in the Form 4 filing.

Was the TSS, Inc. (TSSI) insider sale executed under a Rule 10b5-1 plan?

Yes. The 800-share sale by TSS, Inc. Chief Operating Officer Karl Todd Marrott was executed pursuant to a Rule 10b5-1 trading plan. The footnote states this plan was adopted by the reporting person on September 12, 2025, indicating the trade was pre-arranged.

What type of security did the TSS, Inc. (TSSI) insider sell in this Form 4?

Karl Todd Marrott sold shares of TSS, Inc. Common Stock, classified as a non-derivative security. The transaction involved 800 shares at $15.00 per share and left him with 290,136 directly owned shares after completion.