Telos (TLS) EVP reports RSU vesting; now holds 532,557 shares
Telos Corp (TLS) reported an insider equity change by its EVP and General Counsel on 10/20/2025.
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based RSUs | 136,230 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 64,187 | $0.00 | $0.00 |
| Exercise | Common Stock | 136,230 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 98,305 | $7.10 | $698K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The reporting person acquired these shares upon the vesting of certain performance stock units.
- F2. Each performance-based RSU presents a contingent right to receive one share of Telos common stock. These performance-based RSUs vested and settled in shares of Telos common stock once Telos' common stock traded at or above $6.00 per share for 50 consecutive calendar days on the NASDAQ Global Market.
- F3. Telos withheld 98,305 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the performance stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.
FAQ
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What did Telos (TLS) disclose in this Form 4?
What is the executive’s Telos (TLS) ownership after the transactions?
What performance condition triggered the RSU vesting at Telos (TLS)?
What prices were referenced in the transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.