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Telos officer plans sale of 96,151 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TELOS CORP (TLS) reports that officer John B. Wood has filed a Rule 144 notice to sell up to 96,151 shares of common stock through Robert W. Baird & Co. on NASDAQ, with an aggregate market value of $387,030.72 and with 74,736,789 shares outstanding of this class. The shares proposed for sale were acquired from the issuer for cash in three purchases of 25,300, 35,000, and 35,851 shares on May 14, 2024, August 31, 2023, and August 12, 2024, respectively.

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Shares to be sold under Rule 144 96,151 shares Common stock listed for sale through Robert W. Baird & Co.
Aggregate market value of shares to be sold $387,030.72 Value of the 96,151 common shares covered by the notice
Shares outstanding 74,736,789 shares Common shares outstanding for TELOS CORP as stated in the notice
Shares acquired May 14, 2024 25,300 shares Common shares purchased from the issuer for cash
Shares acquired August 31, 2023 35,000 shares Common shares purchased from the issuer for cash
Shares acquired August 12, 2024 35,851 shares Common shares purchased from the issuer for cash
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common | Robert W. Baird & Co. ... | 96151 | 387030.72 | 74736789"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"Signature | /s/ Helen M. Oh, attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing report for TELOS CORP (TLS)?

It reports that officer John B. Wood filed a Rule 144 notice to potentially sell 96,151 shares of TELOS CORP common stock through Robert W. Baird & Co. on NASDAQ, with an aggregate market value of $387,030.72 as stated in the filing.

How many TELOS CORP (TLS) shares are planned to be sold under this Rule 144?

The filing lists up to 96,151 common shares of TELOS CORP to be sold under Rule 144. These are to be sold through Robert W. Baird & Co. on NASDAQ, subject to Rule 144 conditions and limitations.

What is the aggregate market value of the TLS shares in this Form 144?

The Rule 144 notice states an aggregate market value of $387,030.72 for the 96,151 TELOS CORP common shares proposed to be sold. This figure is used for the Form 144 disclosure and is based on market pricing referenced in the form.

How many TELOS CORP (TLS) shares are outstanding according to this filing?

The Form 144 disclosure states that there are 74,736,789 shares of TELOS CORP common stock outstanding. This is presented as contextual information and is separate from the 96,151 shares that may be sold under the notice.

When and how were the TLS shares being sold under Rule 144 acquired?

The filing reports three acquisitions from the issuer for cash: 25,300 shares on May 14, 2024, 35,000 shares on August 31, 2023, and 35,851 shares on August 12, 2024. All were listed as purchases from TELOS CORP for cash.

Which broker is handling the planned Rule 144 sale for TLS shares?

The Rule 144 notice identifies Robert W. Baird & Co., located in Milwaukee, Wisconsin, as the broker for the potential sale of 96,151 TELOS CORP common shares on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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