Telos (TLS) EVP receives stock from PSU vesting, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Telos Corporation executive Mark D. Griffin, EVP of Security Solutions, reported stock transactions on February 2, 2026. He acquired 379,920 shares of common stock at $0 upon vesting of performance share units. To cover related tax withholding, Telos withheld 172,756 shares at $5.53 per share, and no shares were sold to a third party.
After these transactions, Griffin directly beneficially owned 1,362,157 shares of Telos common stock and indirectly held 17,869.69 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Griffin Mark D
Role
EVP, Security Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 379,920 | $0.00 | -- |
| Tax Withholding | Common Stock | 172,756 | $5.53 | $955K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,534,913 shares (Direct);
Common Stock — 17,869.69 shares (Indirect, By 401k Plan)
Footnotes (1)
- The reporting person acquired these shares upon the vesting of certain performance share units. Telos withheld 172,756 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
What insider transaction did Telos (TLS) report for Mark D. Griffin?
Telos reported that EVP Mark D. Griffin acquired 379,920 Telos common shares at $0 when performance share units vested. The company simultaneously withheld 172,756 shares at $5.53 to satisfy his tax obligations tied to that vesting event, with no sale to outside buyers.
What does the tax withholding transaction mean in the Telos (TLS) insider filing?
Telos withheld 172,756 common shares at $5.53 from Mark D. Griffin to cover his tax withholding obligation arising from the vesting of performance stock units. This withholding reduces shares delivered but is not a market sale, as confirmed in the filing’s explanatory footnote.