Brennan Kieran 4
Research Summary
AI-generated summary
TSS (TSSI) SVP Brennan Kieran Sells 10,000 Shares
What Happened
Brennan Kieran, Senior Vice President of TSS, Inc. (TSSI), sold 10,000 shares on 2026-06-01 in an open-market transaction. The reported weighted-average price was $16.00, producing proceeds of approximately $160,014. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate company outlook.
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-02 (Form 4 accession 0001654954-26-005639).
- Price: weighted-average $16.00; price range reported in footnote was $16.00–$16.02 (shares were sold in multiple transactions).
- Shares sold: 10,000; proceeds ≈ $160,014.
- Shares owned after transaction: not reported in the provided filing excerpt.
- Footnote: the reported price is a weighted average; the filer can provide a breakdown of how many shares sold at each price within $16.00–$16.02 on request.
- No 10b5-1 plan, tax-withholding, or late-filing indication was noted in the provided information.
Context
Sales by corporate officers can be routine (diversification, liquidity, tax reasons) and shouldn’t be interpreted alone as a signal about company performance. This report documents a straightforward open-market sale rather than an option exercise, gift, or other derivative transaction.