Director and 10% Owner Files Intent to Sell $1.35M in Stock
TSSI has more than doubled off its 52-week low of $6.87.
Summary
A Director and 10% owner of TSS, Inc. has filed a Form 144 to sell 100,000 shares worth $1.35 million, contributing to an ongoing pattern of insider selling.
Key Events · Ownership and Investor Activity · TSSI
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Director and 10% Owner Plans Sale
Peter H. Woodward, a Director and 10% owner of TSS, Inc., has filed a Form 144 indicating an intent to sell shares.
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Significant Stock Value Proposed for Sale
The filing details a proposed sale of 100,000 shares of common stock, with an approximate market value of $1.35 million.
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Adds to Ongoing Insider Distribution Trend
This intent to sell contributes to a recent pattern of insider selling, with net insider sales exceeding $2.7 million in the last 90 days.
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Shares Acquired via Warrant Exercise
The shares intended for sale were originally acquired through a warrant exercise in July 2022.
Analysis · TSSI · Trade & Services
Peter H. Woodward, a Director and 10% owner, has filed a Form 144 indicating an intent to sell 100,000 shares valued at approximately $1.35 million. This transaction adds to a recent trend of insider distribution, with over $2.7 million in net insider sales over the past 90 days. The sale comes after the company reported mixed Q1 2026 financial results, including a 44% year-over-year revenue decline and negative operating cash flow, which could amplify investor concerns regarding insider sentiment.
How filings like this one have moved
In the 30 days to Oct 4, 2026, 29.2% of the 1584 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TSSI was trading at $15.05 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $380.1M. The 52-week trading range was $6.87 to $31.94. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.