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Telos (TLS) EVP and General Counsel receives 103,014-share award and tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Telos Corp executive Edward Hutchinson Robbins Jr., EVP and General Counsel, reported equity compensation changes. On March 18, 2026, he received a grant of 103,014 shares of Telos common stock as a stock award, increasing his direct holdings.

On March 19, 2026, Telos withheld 50,529 shares at a reference price of $4.27 per share to cover his tax withholding obligations from the vesting of restricted stock units. A footnote clarifies that no shares were sold to any third party as part of this tax-withholding transaction. After these updates, he directly owns 619,763 shares and indirectly holds 15,904.64 shares through a 401(k) plan.

Positive

  • None.

Negative

  • None.

Insights

Routine equity grant with tax withholding, no open-market trading.

EVP and General Counsel Edward Hutchinson Robbins Jr. received a stock award of 103,014 common shares on March 18, 2026. This is labeled as a grant or award, indicating compensation rather than an open-market purchase.

The following day, the company withheld 50,529 shares at $4.27 per share to satisfy tax obligations tied to restricted stock unit vesting. The footnote states he did not sell shares to any third party, so this is a non-market, mechanical tax payment. He still holds 619,763 shares directly plus 15,904.64 shares indirectly via a 401(k), suggesting these movements are routine and do not materially change his overall exposure.

SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Robbins Edward Hutchinson Jr.

(Last)(First)(Middle)
C/O TELOS CORPORATION
19886 ASHBURN ROAD

(Street)
ASHBURN VIRGINIA 20147

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TELOS CORP [ TLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/18/2026A103,014A$0670,292D
Common Stock03/19/2026F50,529(1)D$4.27619,763D
Common Stock15,904.64IBy 401k plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Telos withheld 50,529 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of restricted stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.
Remarks:
/s/ Helen M. Oh, attorney-in-fact03/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Telos Corp (TLS) report for Edward Hutchinson Robbins Jr.?

Telos reported that EVP and General Counsel Edward Hutchinson Robbins Jr. received a grant of 103,014 common shares, then had 50,529 shares withheld to cover taxes from restricted stock unit vesting. The tax withholding involved no sales to third parties, according to the footnote disclosure.

Did the Telos Corp (TLS) executive sell any shares in this Form 4 filing?

No, the executive did not sell shares to the market. The filing states Telos withheld 50,529 shares solely to satisfy his tax withholding obligation from restricted stock unit vesting, and explicitly notes that no shares were sold to any third party in this transaction.

How many Telos Corp (TLS) shares does Edward Hutchinson Robbins Jr. hold after these transactions?

After the reported transactions, he directly owns 619,763 Telos common shares. The filing also shows an additional 15,904.64 shares held indirectly through a 401(k) plan, giving investors a clearer view of his overall equity exposure to the company after the grant and tax withholding.

What does the tax withholding transaction in the Telos Corp (TLS) Form 4 mean?

The tax withholding reflects shares retained by Telos to pay the executive’s tax obligations from restricted stock unit vesting. Specifically, 50,529 shares were withheld at $4.27 per share, which the filing describes as payment of tax liability rather than an open-market sale of stock.

Was the 103,014-share transaction for Telos Corp (TLS) an open-market purchase?

No, the 103,014-share transaction is classified as a grant or award, not a market purchase. It represents equity compensation awarded to the executive. Combined with the separate tax withholding entry, the Form 4 shows compensation-related adjustments instead of discretionary buying or selling activity.
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