TSS, Inc. (NASDAQ: TSSI) CFO exercises 41,667 options for shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TSS, Inc. Chief Financial Officer Daniel M. Chism exercised employee stock options covering 41,667 shares on January 8, 2026. The options had an exercise price of $1.72 per share, resulting in the acquisition of 41,667 shares of common stock at that price. Following this transaction, he beneficially owned 337,886 shares of common stock directly and held 83,333 employee stock options outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
41,667 shares exercised/converted
Mixed
2 txns
Insider
CHISM DANIEL M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option | 41,667 | $0.00 | -- |
| Exercise | Common Stock | 41,667 | $1.72 | $72K |
Holdings After Transaction:
Employee Stock Option — 83,333 shares (Direct);
Common Stock — 337,886 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did TSS, Inc. (TSSI) report in this Form 4?
The filing reports that Chief Financial Officer Daniel M. Chism exercised employee stock options covering 41,667 shares of TSS, Inc. common stock on January 8, 2026.
At what price were the TSS, Inc. (TSSI) stock options exercised?
The employee stock options were exercised at a price of $1.72 per share, with 41,667 shares of common stock issued upon exercise.
How many TSS, Inc. (TSSI) stock options remain after the exercise?
Following the exercise, Daniel M. Chism held 83,333 employee stock options, each relating to TSS, Inc. common stock.
What transaction code is used in the TSS, Inc. (TSSI) Form 4?
The Form 4 uses transaction code M, indicating the exercise or conversion of a derivative security, in this case an employee stock option into common stock.
Is the ownership reported in the TSS, Inc. (TSSI) Form 4 direct or indirect?
The Form 4 indicates that both the common stock and the remaining employee stock options are held under direct (D) beneficial ownership by Daniel M. Chism.