We investigate the evolution of the magnetic properties in FeS under pressure, and show that these cannot be explained solely in terms of the spin state transition from a high to low spin state due to an increase of the crystal field. Using a combination of density functional theory and dynamical mean field theory (DFT+DMFT), our calculations show that at normal conditions the Fe 2+ ions are in the 3d 6 high spin (S = 2) state, with some admixture of a 3d 7 L (S = 3/2) configuration, where L stands for the ligand hole. Suppressing the magnetic moment by uniform compression is related to a substantial increase in electron delocalization and occupation of several lower spin configurations. The electronic configuration of Fe ions cannot be characterized by a single ionic state, but only by a mixture of the 3d 7 L, 3d 8 L 2 , and 3d 9 L 3 configurations at pressures ∼ 7.5 GPa. The local spin-spin correlation function shows well-defined local magnetic moment, corresponding to a large lifetime in the high spin state at normal conditions. Under pressure FeS demonstrates a transition to a mixed state with small lifetimes in each of the spin configurations.