Brennan Kieran 4
Research Summary
AI-generated summary
TSS (TSSI) Senior VP Brennan Kieran Sells 12,000 Shares
What Happened
Brennan Kieran, Senior Vice President of TSS, Inc. (TSSI), sold 12,000 shares in an open-market transaction on March 16, 2026. The filing reports a weighted average sale price of $12.27 per share, for total proceeds of approximately $147,240. This was a sale (code S), which is typically a liquidity/diversification action rather than a purchase signal.
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-17 (appears timely).
- Shares sold: 12,000; weighted average price: $12.27; proceeds: ~$147,240.
- Price range: shares were sold in multiple trades at prices from $12.10 to $12.50 (footnote states weighted average; detailed per-price breakdown available on request).
- Shares owned after transaction: Not disclosed in the information provided in this summary/Form 4.
- Filing timeliness: Not marked late; filed the day after the transaction.
Context
This was an outright sale of previously held shares (not an option exercise, award, or gift). Sales by executives can reflect personal liquidity needs or routine portfolio management; they do not by themselves indicate company performance or insider sentiment.