SCHEDULE 13G: BlackRock Discloses 5.3% Stake in TSS, INC.

BlackRock, Inc. has filed a Schedule 13G, reporting a 5.3% beneficial ownership stake in TSS, INC.'s common stock as of December 31, 2025.

Summary

• BlackRock, Inc. beneficially owns 1,523,485 shares of TSS, INC. common stock.
• This ownership represents 5.3% of the total outstanding shares of TSS, INC.'s common stock.
• BlackRock, Inc. holds sole voting power over 1,503,531 shares and sole dispositive power over 1,523,485 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of TSS, INC.
• Several BlackRock subsidiaries, including BlackRock Advisors, LLC, BlackRock Fund Advisors, BlackRock Institutional Trust Company, National Association, BlackRock Financial Management, Inc., and BlackRock Investment Management, LLC, beneficially own 5% or greater of the outstanding shares of the security class.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual disclosure of beneficial ownership, indicating neither overwhelmingly positive nor negative sentiment regarding the company's performance or outlook.

Positives

• Increased institutional ownership by a major asset manager like BlackRock can signal confidence in the company's long-term prospects.
• The filing indicates BlackRock's stake is for investment purposes in the ordinary course of business, not for activist intentions.

Negatives

• The filing itself does not contain any negative financial or operational information about TSS, INC.

Risks

• The filing does not detail specific risks related to TSS, INC. beyond the general nature of holding common stock.

Future Outlook

The filing does not provide any forward-looking statements or guidance regarding TSS, INC.'s future performance or BlackRock's future investment intentions beyond the current beneficial ownership.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This Schedule 13G filing reflects a routine disclosure by a large institutional investor, BlackRock, regarding its passive ownership stake in a publicly traded company, TSS, INC. Such filings are common and provide transparency into significant institutional holdings, which can be a factor in market sentiment and liquidity. BlackRock, as one of the world's largest asset managers, frequently appears in these filings across numerous companies.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant institutional holder, potentially signaling institutional confidence.
• Investors: Provides insight into the ownership structure of TSS, INC. and the involvement of major asset managers.

Next Steps

• BlackRock will continue to monitor its investment in TSS, INC. and file updated Schedule 13G or 13D reports as required by SEC regulations if its ownership percentage or investment intent changes.

Key Dates

Keywords

BlackRock, TSS INC, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Equity Stake, Asset Management