Dewan Darryll E 4
4 · TSS, Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
TSS, Inc. (TSSI) CEO Darryll Dewan Sells 50,000 Shares
What Happened
Darryll E. Dewan, CEO of TSS, Inc. (ticker TSSI), sold 50,000 shares on May 6, 2026 at $17.00 per share, for total gross proceeds of $850,000. The filing reports the transaction as an open-market or private sale (code S).
Key Details
- Transaction date: 2026-05-06; Price: $17.00 per share; Shares sold: 50,000; Gross value: $850,000.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2025.
- Filing date / timeliness: Form 4 filed 2026-05-08 (timely relative to the reported transaction).
Context
Sales under a 10b5-1 plan are typically pre-scheduled and are considered routine insider dispositions rather than a new, discretionary signal about company prospects. For retail investors, purchases typically carry more direct informational weight than scheduled sales; this report documents a planned sale by the CEO.
Insider Transaction Report
Form 4
TSS, Inc.TSSI
Dewan Darryll E
Chief Executive Officer
Transactions
- Sale
Common Stock
[F1]2026-05-06$17.00/sh−50,000$850,000→ 454,471 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/ Christopher R. Johnson, Attorney-in-Fact|2026-05-08