Telos Corp SEC Filings

Telos Corporation (TLS) reported a stronger Q3 2025, with revenue of $51.4 million, up 116% year over year, driven by 154% growth in Security Solutions. Gross margin expanded to 39.9% from 13.2% as prior-year impairment charges rolled off. Operating loss narrowed to $2.5 million from $28.9 million, and net loss improved to $2.1 million from $28.1 million.

Cash remained solid at $59.1 million with no borrowings on a $30 million revolver. Year to date, operating cash flow was $22.2 million. The company repurchased 2.07 million shares for $7.6 million. Federal customers accounted for 92% of quarterly revenue, and firm fixed‑price contracts were 77% of the mix. Funded backlog was $65.5 million, with 97% expected to convert within 12 months. Management highlighted continued expansion of Telos ID programs and noted the ongoing U.S. government shutdown could delay awards and performance even on fully funded work.

Telos Corporation reported that it posted financial results for the quarter ended September 30, 2025, and announced a conference call to discuss them.

The call is scheduled for November 10, 2025 at 9:30 a.m. Eastern Time, with a live broadcast and presentation available via the Investor Relations site. A press release and the quarterly results were furnished as Exhibits 99.1 and 99.2.

Telos Corp (TLS) reported insider equity activity by its Chairman and CEO on 10/20/2025. Performance-based RSUs vested after the stock traded at or above $6.00 for 50 consecutive days, resulting in the conversion of 660,925 RSUs and the acquisition of 229,616 shares. To cover taxes, 401,635 shares were withheld at $7.10 per share.

Following these transactions, the executive directly owned 4,569,038 shares, plus 1,702,018 held indirectly via an LLC and 193,970.5 via a 401(k) plan. The filing also corrects an 8/12/2024 report by reclassifying certain shares as indirectly held by the LLC.

Telos (TLS) reported insider equity activity by an officer (EVP, CFO) on 10/20/2025. The filing shows 114,663 shares of common stock acquired at $0 upon vesting of performance stock units and 243,362 performance‑based RSUs that vested and settled into common stock after the stock traded at or above $6.00 for 50 consecutive days.

To satisfy taxes, 161,471 shares were withheld at $7.1; the filing notes no shares were sold to a third party as part of this transaction. Following these events, the officer held 937,574 shares directly and 8,482.77 shares indirectly via a 401(k) plan.

Telos Corporation (TLS) disclosed insider equity activity by its EVP, Security Solutions, on 10/20/2025 tied to performance-based RSUs. The executive acquired 90,189 shares of common stock at $0 upon vesting and received 191,417 shares from the settlement of performance-based RSUs after Telos’ stock traded at or above $6.00 for 50 consecutive days.

To cover taxes from the vesting, Telos withheld 127,006 shares at $7.1 per share; no shares were sold to a third party. Following these transactions, the executive beneficially owned 1,154,993 shares directly, plus 17,869.69 shares indirectly via a 401(k) plan. Performance-based RSUs outstanding after the event totaled 861,377, with an expiration date of 12/31/2026.

Telos Corp (TLS) reported an insider equity change by its EVP and General Counsel on 10/20/2025. The executive acquired 64,187 shares of common stock at $0 upon vesting of performance stock units and converted 136,230 performance-based RSUs into common shares (transaction code M).

To cover taxes from the vesting, Telos withheld 98,305 shares at a reference price of $7.10 (transaction code F); no shares were sold to a third party as part of this transaction. Following these moves, the executive directly beneficially owned 532,557 shares, with an additional 12,422.05 shares held indirectly through a 401(k) plan.

The filing notes the performance-based RSUs vested once Telos’ stock traded at or above $6.00 for 50 consecutive calendar days on the NASDAQ Global Market.

Telos Corp (TLS) disclosed an officer’s equity transactions. On 10/20/2025, the VP & Chief Info Tech Officer settled 9,475 performance-based RSUs into common stock (Code M), and 4,196 shares were withheld to cover taxes at $7.10 per share (Code F). The officer also acquired 4,464 shares at $0 upon vesting (Code A).

The RSUs vested once Telos’ stock traded at or above $6.00 for 50 consecutive calendar days on the NASDAQ Global Market. Following the transactions, the officer directly holds 97,337.091 shares and indirectly holds 10,035.26 shares in a 401(k).

Telos (TLS) insider transaction: On 10/20/2025, a company officer (VP, Human Resources) reported settlement of performance-based RSUs and related share movements. The filing shows 8,591 shares acquired upon RSU vesting/settlement and an additional 4,048 shares acquired at $0. To cover taxes from vesting, 3,805 shares were withheld at $7.10 per share; no shares were sold to a third party. Following these transactions, the officer beneficially owns 64,582 shares directly and 6,359.58 shares held in a 401(k).

The RSUs vested after Telos stock traded at or above $6.00 for 50 consecutive days on the NASDAQ Global Market.

John B. Wood, Chairman and CEO of Telos Corporation (TLS), reported an amended Form 4 disclosing a sale of 174,700 shares of Telos common stock on 09/05/2025. The sale was reported with a weighted-average price of $6.21, and the filing states the shares were acquired in multiple transactions at prices ranging from $6.04 to $6.70. The report also corrects a prior ownership disclosure: the filing clarifies that Mr. Wood directly owns 1,543,374 shares and indirectly owns 4,238,776 shares through JJJJJV, LLC, of which he is the manager and he and his spouse are the only members. The form was signed by an attorney-in-fact on Mr. Wood's behalf.