Sebastian Giordano - Aug 28, 2025 Form 4 Insider Report for Transportation & Logistics Systems, Inc. (TLSS)

Signature
/s/ Sebastian Giordano
Stock symbol
TLSS
Transactions as of
Aug 28, 2025
Transactions value $
$0
Form type
4
Date filed
9/2/2025, 04:15 PM
Previous filing
Jul 14, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GIORDANO SEBASTIAN CEO and CFO, Director 149 SCHWEITZER LANE, BARDONIA /s/ Sebastian Giordano 2025-09-02 0001571479

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLSS Series J Senior Convertible Preferred Stock Award +4K +301.89% 5.33K Aug 28, 2025 Common Stock 400M $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Received pursuant to a stock award agreement between the Reporting Person and the Issuer, dated August 28, 2025, for current and future services performed. The shares of Series J senior convertible preferred stock vest immediately upon issuance.