Form 4: TSS CEO Darryll Dewan Sells 50,000 Shares

TSS, Inc. CEO Darryll E. Dewan sold 50,000 shares of common stock on April 14, 2026, pursuant to a Rule 10b5-1 trading plan.

Summary

• Darryll E. Dewan, Chief Executive Officer of TSS, Inc., sold 50,000 shares of common stock.
• The transaction occurred on April 14, 2026, at a price of $15.00 per share.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 15, 2025.
• Following the transaction, the reporting person maintains direct beneficial ownership of 554,471 shares.
• The reporting person also maintains indirect ownership of 5,000 shares held by his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a routine divestment by an executive.

Positives

• The sale was conducted via a pre-planned Rule 10b5-1 trading plan, which typically indicates the sale is for personal financial planning rather than a reaction to non-public information.

Negatives

• The sale represents a reduction in the CEO's direct equity stake in the company.

Risks

• Insider selling can sometimes be perceived negatively by the market as a signal of management's view on the company's valuation.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Management Comments

• The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on December 15, 2025.

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 plans are standard corporate practice for executives to diversify their personal portfolios while avoiding potential conflicts with insider trading regulations.

Comparison to Industry Standards

• The use of a Rule 10b5-1 plan is the industry standard for executives to sell shares in a transparent and legally compliant manner.

Stakeholder Impact

• Shareholders should note the reduction in insider ownership, though the pre-planned nature of the sale mitigates concerns regarding management sentiment.

Next Steps

• No future milestones or actions were disclosed in this filing.

Key Dates

Keywords

TSS, TSSI, Insider Trading, Form 4, Darryll Dewan, Stock Sale