Form 4: TSS Inc. Chief Operating Officer Sells 46,222 Shares

TSS Inc.'s Chief Operating Officer, Karl Todd Marrott, sold 46,222 shares of common stock at a weighted average price of $8.1326 per share.

Summary

• Karl Todd Marrott, the Chief Operating Officer of TSS, Inc., sold 46,222 shares of the company's common stock on November 19, 2024.
• The shares were sold at a weighted average price of $8.1326 per share.
• The sale was executed in multiple transactions with prices ranging from $8.0000 to $8.3200 per share.
• Following the transaction, Mr. Marrott directly owns 166,146 shares of TSS, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a common occurrence. It does not inherently indicate positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• 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 can be observed across all publicly listed companies in the US.

Stakeholder Impact

• The sale of shares by a company officer may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a negative outlook for the company.

Key Dates

Keywords

TSS Inc, stock sale, insider trading, Karl Todd Marrott, Chief Operating Officer, TSSI, common stock