Telos VP uses 2,548 shares for tax withholding
TELOS CORP reported a routine insider update for VP and Chief Information Technology Officer Malcolm G. Cooke.
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Rhea-AI Filing Summary
TELOS CORP reported a routine insider update for VP and Chief Information Technology Officer Malcolm G. Cooke. On the reported date, the company withheld 2,548 shares of common stock at $4.20 per share to cover his tax obligation from vesting restricted stock units. The footnote states that no shares were sold to any third party as part of this transaction. Following the disposition, Cooke directly holds 136,679.091 common shares and indirectly holds 12,770.35 shares through a 401(k) account.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,548 | $4.20 | $11K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Telos withheld 2,548 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the restricted stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
Common Stock financial
401(k) financial
FAQ
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What insider transaction did Telos (TLS) report for Malcolm G. Cooke?
What does the F transaction code mean in the Telos (TLS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.