Dewan Darryll E 4
4 · TSS, Inc. · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
TSSI CEO Darryll E. Dewan Sells 50,000 Shares
What Happened
Darryll E. Dewan, CEO of TSS, Inc. (ticker: TSSI), sold 50,000 shares on April 14, 2026, at $15.00 per share, for proceeds of $750,000. The Form 4 filing (filed April 16, 2026) indicates the sale was executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date and terms: April 14, 2026 — 50,000 shares sold at $15.00/share (total $750,000).
- Filing date: April 16, 2026 (timely filing for an April 14 transaction).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Sale was made under a 10b5-1 trading plan adopted December 15, 2025.
- Transaction code: S = Sale (open-market or private sale as noted on the Form 4).
Context
Sales executed under pre-arranged 10b5-1 plans are commonly routine and help insiders trade without appearing to act on inside information. Such sales are not, by themselves, a clear signal of management’s view of the company; purchases typically carry more weight for signaling confidence.
Insider Transaction Report
Form 4
TSS, Inc.TSSI
Dewan Darryll E
Chief Executive Officer
Transactions
- Sale
Common Stock
[F1]2026-04-14$15.00/sh−50,000$750,000→ 554,471 total
Holdings
- 5,000(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2025.
Signature
/s/ Darryll E. Dewan|2026-04-16