Accepted (ET)
5:20 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
1
Size
5.7 KB
Summary
DSS, Inc. (DSS) 10% Owner Chan Heng Fai Sells Shares
What Happened
Chan Heng Fai, a reported 10% owner of DSS, Inc. (DSS), sold 21,852 shares of the company's common stock on September 3, 2026, at $0.82 per share for total proceeds of $17,919. This was a sale (reported as “S”); sales are often routine and do not necessarily signal a change in company outlook.
Key Details
- Transaction date and price: Sep 3, 2026 — 21,852 shares sold at $0.82/share (proceeds $17,919) (see footnote F1).
- Reported beneficial ownership: The filing notes Mr. Chan directly holds 1,031,944 shares (and additional indirect holdings through other entities) per footnote F2.
- Relative size: The sale equals roughly 2.1% of the 1,031,944 directly held shares.
- Footnotes: F1 confirms the sale details; F2 describes direct and indirect holdings included in beneficial ownership.
- Filing timeliness: Form 4 was filed on Sep 8, 2026 (five days after the trade), which exceeds the typical 2-business-day reporting window and appears to be a late filing.
Context
As a 10% owner (not necessarily an executive trading on company decisions), this transaction reflects a personal disposition of shares. Sales are common and less informative about future company performance than purchases; there is no indication in the filing of a 10b5-1 plan, option exercise, gift, or tax-withholding event connected to this sale.