Peter H. Woodward - 09 Dec 2025 Form 4 Insider Report for TSS, Inc. (TSSI)

Role
Director
Signature
/s/ Peter H. Woodward
Issuer symbol
TSSI
Transactions as of
09 Dec 2025
Net transactions value
-$444,710
Form type
4
Filing time
11 Dec 2025, 17:06:14 UTC
Previous filing
19 Nov 2025
Next filing
16 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Woodward Peter H Director C/O TSS, INC., 1800 AVIATION DRIVE,, BUILDING 1, SUITE 100, GEORGETOWN /s/ Peter H. Woodward 11 Dec 2025 0001369119

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSSI Common Stock Sale $264,600 -30,000 -58% $8.82 21,700 09 Dec 2025 Shares held through MHW Capital Management LLC F1, F2
transaction TSSI Common Stock Sale $180,110 -21,700 -100% $8.30 0 11 Dec 2025 Shares held through MHW Capital Management LLC F2, F3
holding TSSI Common Stock 1,183,521 09 Dec 2025 Shares held through MHW Partners, L.P. F4
holding TSSI Common Stock 1,214,061 09 Dec 2025 Shares held through MHW SVP II, LLC F5
holding TSSI Common Stock 15,574 09 Dec 2025 Direct
holding TSSI Common Stock 885,714 09 Dec 2025 Shares subject to performance related fee F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.79010 to $8.90000, inclusive. The reporting person undertakes to provide to TSS, Inc., any security holder of TSS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (1) and (3).
F2 The shares are owned by MHW Capital Management, LLC. The reporting person is the principal of MHW Capital Management, LLC
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.25000 to $8.34010, inclusive.
F4 The shares are owned by MHW Partners, L.P. The reporting person is the General Partner of MHW Partners, L.P. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
F5 The shares are owned by MHW SPV II, LLC. The reporting person is the Manager of MHW SPV II, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
F6 The shares are owned by unaffiliated third persons, and the reporting person has a right to a performance-related fee upon the disposition of such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.