Form 4: TSS Inc. COO Gifts 5,000 Shares to Family
Insider Transaction Report
TSS Inc.'s Chief Operating Officer, Karl Todd Marrott, reported gifting 5,000 shares of common stock to family members on December 3, 2025.
Summary
- Karl Todd Marrott, Chief Operating Officer of TSS, Inc. (TSSI), reported a gift of common stock.
- On December 3, 2025, Mr. Marrott disposed of 5,000 shares of TSS, Inc. common stock.
- The transaction was a gift to family members, with a reported price of $0.00 per share.
- Following this transaction, Mr. Marrott beneficially owns 290,575 shares of TSS, Inc. common stock directly.
- The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: This Form 4 reports a routine insider transaction (a gift) and does not contain information that would significantly alter the sentiment towards the company's financial or operational performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This filing is a standard insider transaction report and does not provide specific industry context or trends.
Related Party Transactions
- Karl Todd Marrott, Chief Operating Officer, gifted 5,000 shares of common stock to family members.
Stakeholder Impact
- Minimal impact on overall shareholder ownership structure due to the relatively small number of shares gifted.
- The transaction reflects a personal decision by an executive and does not directly indicate changes in company strategy or performance.
Key Dates
| Date | Description |
|---|---|
| 12/03/2025 | Date of common stock gift transaction by Karl Todd Marrott. |
| 12/05/2025 | Date the Form 4 was signed by Christopher R. Johnson, Attorney-in-Fact. |
Keywords
TSS Inc., TSSI, Form 4, Insider Transaction, Stock Gift, Karl Todd Marrott, Chief Operating Officer, Common Stock, Beneficial Ownership, Rule 10b5-1
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