STOCK TITAN

TSS, Inc. (TSSI) CFO sells 25,000 shares in planned trade

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

Rhea-AI Filing Summary

TSS, Inc. Chief Financial Officer Daniel M. Chism reported an open-market sale of 25,000 shares of Common Stock on April 14, 2026 at $15.00 per share. The transaction was executed under a pre-established Rule 10b5-1 trading plan. After the sale, he continues to hold 338,215 shares directly.

Positive

  • None.

Negative

  • None.
Insider CHISM DANIEL M
Role Chief Financial Officer
Sold 25,000 shs ($375K)
Type Security Shares Price Value
Sale Common Stock 25,000 $15.00 $375K
Holdings After Transaction: Common Stock — 338,215 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 25,000 shares Common Stock sold on April 14, 2026
Sale price $15.00/share Open-market sale price per share
Shares remaining 338,215 shares Direct holdings after the transaction
Net shares sold 25,000 shares Net sell volume in this Form 4
Rule 10b5-1 trading plan financial
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2025."
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 of Common Stock at $15.00 per share."
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 involved in the reported insider 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.
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*
CHISM DANIEL M

(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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
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 Stock04/14/2026S25,000(1)D$15338,215D
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 December 15, 2025.
/s/ Daniel M. Chism04/16/2026
** 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)

FAQ

What insider transaction did TSS, Inc. (TSSI) disclose in this Form 4?

TSS, Inc. reported that Chief Financial Officer Daniel M. Chism sold 25,000 shares of Common Stock in an open-market transaction at $15.00 per share. This disposal was recorded on April 14, 2026, and is documented as a routine Section 16 Form 4 filing.

Who at TSS, Inc. (TSSI) sold shares and what is their role?

The seller is Daniel M. Chism, the Chief Financial Officer of TSS, Inc. As CFO, he oversees the company’s finances. His reported Form 4 transaction reflects personal share activity and does not, by itself, change the company’s operations or financial position.

How many TSS, Inc. (TSSI) shares did the CFO sell and at what price?

The CFO sold 25,000 shares of TSS, Inc. Common Stock at a price of $15.00 per share. This was an open-market sale recorded on April 14, 2026, as indicated by transaction code “S” in the Form 4 insider transaction report.

How many TSS, Inc. (TSSI) shares does the CFO hold after this sale?

Following the reported sale, Daniel M. Chism directly holds 338,215 shares of TSS, Inc. Common Stock. This post-transaction balance is disclosed in the Form 4 and shows his remaining equity position after the 25,000-share open-market disposition.

Was the TSS, Inc. (TSSI) CFO’s sale made under a Rule 10b5-1 plan?

Yes. A Form 4 footnote states the shares were sold under a Rule 10b5-1 trading plan adopted on December 15, 2025. Such pre-arranged plans allow insiders to schedule trades in advance, helping separate trading timing from day-to-day corporate information.

Does this TSS, Inc. (TSSI) Form 4 show any option exercises or derivatives?

No derivative transactions are shown in this Form 4. The filing lists only a non-derivative Common Stock sale. The derivativeSummary section is empty, indicating no option exercises, conversions, or other derivative-related insider transactions were reported for this date.