Telos officer plans sale of 96,151 shares
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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Key Figures
Shares to be sold under Rule 144: 96,151 shares
Aggregate market value of shares to be sold: $387,030.72
Shares outstanding: 74,736,789 shares
+3 more
6 metrics
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
Key Terms
Rule 144, aggregate market value, attorney-in-fact
3 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.