TSS (NASDAQ: TSSI) director receives 3,784 restricted shares award
Rhea-AI Filing Summary
TSS, Inc. director Richard M. Metzler reported receiving 3,784 shares of common stock on January 14, 2026. The Form 4 shows this as an acquisition at a price of $0 per share, bringing his directly held beneficial ownership to 153,784 common shares.
According to the footnote, these shares are restricted stock granted under an award agreement and are subject to forfeiture. The grant will vest over three years: 1,261 shares on January 14, 2027, another 1,261 shares on January 14, 2028, and the remaining 1,262 shares on January 14, 2029, provided the vesting conditions are met.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,784 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares of common stock represent restricted stock granted pursuant to an award agreement between Mr. Metzler 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.
FAQ
What insider transaction did TSS, Inc. (TSSI) disclose for Richard M. Metzler?
The filing reports that director Richard M. Metzler acquired 3,784 shares of TSS, Inc. common stock on January 14, 2026, recorded as a grant at $0 per share.
Is Richard M. Metzler a director or officer of TSS, Inc. according to this Form 4?
The filing identifies Richard M. Metzler as a director of TSS, Inc. and does not list him as an officer or 10% owner.
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