Charles F. Benton - 30 May 2025 Form 4 Insider Report for Transportation & Logistics Systems, Inc. (TLSS)

Reporting relationship: Director
Issuer ticker: TLSS
Reported as of: 30 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Jul 2025, 06:15:58 UTC
Prior SEC filing: 20 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ Charles Benton

Key filing fact

Charles F. Benton filed Form 4 for Transportation & Logistics Systems, Inc. (TLSS) on 14 Jul 2025.

Key facts

This page summarizes Charles F. Benton's Form 4 filing for Transportation & Logistics Systems, Inc. (TLSS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 14 Jul 2025, 06:15.

Change

Previous filing in this sequence was filed on 20 Sep 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001609128 Primary reporting owner

BENTON CHARLES F

Relationship: Director
Address: 426 HAVERFORD ROAD, WYNNEWOOD
Signature: /s/ Charles Benton
Signature date: 14 Jul 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TLSS transaction Derivative

Series J Senior Convertible Preferred Stock

Other

Transaction value
Shares: +37
Change %
Price
Shares after: 37
Date: 30 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,700,000
Exercise price: $0.001000
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The Series J senior convertible preferred stock is convertible at any time, at the holder's election, at an initial conversion price of $0.001 per share of common stock and is perpetual and therefore has no expiration date. The Series J senior convertible preferred stock is subject to a contractual limitation such that the reporting person may not convert Series J senior convertible preferred stock to the extent that after giving effect to such conversion, the reporting person (together with its attribution parties as defined in the certificate of designations) would beneficially own in excess of 4.99% of the shares of common stock outstanding immediately after giving effect to such conversion.

Footnote F2

Received pursuant to a settlement agreement between the Reporting Person and the Issuer, dated May 30, 2025, in exchange for the settlement of $3,686.76 in outstanding liabilities owed by the Issuer.