TLS insider sale notice: 60,000 shares to be sold via Morgan Stanley on NASDAQ

Rhea-AI Filing Summary

Telos Corporation (TLS) submitted a Form 144 notice for a proposed sale of 60,000 common shares, with an aggregate market value of $313,200. The shares represent part of the company's outstanding common stock of 72,703,011 shares and are planned to be sold on NASDAQ through Morgan Stanley Smith Barney LLC on 08/13/2025.

The filing states the shares were acquired and paid for on 08/13/2025 through a stock option exercise from the issuer, with payment in cash. The filer reports no securities sold in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Routine insider sale notice for 60,000 shares worth $313,200; transaction appears non-material to cap structure.

The Form 144 documents a proposed sale executed through a major broker on NASDAQ with clear acquisition details: shares were obtained by a stock option exercise and paid in cash on the same date as the planned sale. At 60,000 shares versus 72,703,011 outstanding, the position is approximately 0.08% of the float, indicating this disclosure is routine and unlikely to move valuation metrics materially. Impact assessment: not impactful.

Corporate Governance Expert

TL;DR: The filing meets Rule 144 disclosure requirements; it documents a brokered sale and includes the required insider representation.

The notice specifies the broker, sale venue, acquisition method, payment type, and confirms no recent sales in the prior three months. It also contains the seller's attestation regarding material undisclosed information, consistent with compliance expectations. From a governance perspective this is a standard, transparent disclosure with no apparent governance concerns disclosed in the filing. Impact assessment: not impactful.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	60000	313200.00	72703011	08/13/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/13/2025	Stock Option Exercise	Issuer			60000	08/13/2025	Cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many shares of Telos (TLS) does the Form 144 propose to sell?

The notice proposes the sale of 60,000 common shares.

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

The aggregate market value reported is $313,200.00.

Who is the broker and on which exchange will the TLS shares be sold?

The broker is Morgan Stanley Smith Barney LLC and the sale is reported for NASDAQ.

When were the TLS shares acquired and how were they acquired?

The shares were acquired on 08/13/2025 via a stock option exercise from the issuer.

Was payment made for the TLS shares, and if so, how?

Yes; payment was made in cash on 08/13/2025.

Did the filer report any securities sold in the past three months for TLS?

The filing states: Nothing to Report for sales in the past three months.