Form 4: TSS Inc. Chief Operating Officer Sells 368 Shares

TSS Inc.'s Chief Operating Officer, Karl Todd Marrott, sold 368 shares of common stock at $10.31 per share on November 27, 2024.

Summary

• Karl Todd Marrott, the Chief Operating Officer of TSS, Inc., sold 368 shares of the company's common stock.
• The transaction occurred on November 27, 2024.
• The sale price was $10.31 per share.
• Following the transaction, Mr. Marrott directly owns 86,000 shares of TSS, Inc.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a routine event. There is no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States.
• The sale of shares by a company officer is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by executives at companies such as Microsoft, Apple, and Google when they trade their company's stock.

Stakeholder Impact

• The sale of shares by an executive may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a change in the company's prospects.

Key Dates

Keywords

TSS Inc, insider trading, stock sale, Karl Todd Marrott, Chief Operating Officer, Form 4