Telos insider Wood sells 96,151 shares at $4.05
Telos CEO John B. Wood reported an indirect sale of 96,151 TLS shares while retaining substantial direct and indirect ownership.
Rhea-AI Filing Summary
TELOS CORP (TLS) reported that chairman and CEO John B. Wood, through a limited liability company, sold 96,151 shares of common stock on September 21, 2026 in an open-market or private transaction at a weighted average price of $4.05 per share, with individual sales between $4.03 and $4.10. After this sale, the limited liability company held 1,505,867 shares, John B. Wood held 5,378,962 shares directly, and his 401(k) plan held 196,893.39 shares. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 96,151 shares
Net Sell
3 txns
Insider
Wood John B
Role
Chairman and CEO
Sold
96,151 shs ($389K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 96,151 | $4.05 | $389K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,505,867 shares (Indirect, By LLC);
Common Stock — 5,378,962 shares (Direct);
Common Stock — 196,893.39 shares (Indirect, By 401(k) plan)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.03 to $4.10, inclusive. The reporting person undertakes to provide Telos Corporation, any security holder of Telos Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in these footnotes.
- F2. On November 10, 2022, it was erroneously reported that 200,000 shares were purchased and directly held by the reporting person. Those shares were actually purchased and held indirectly by JJJJJV, LLC, a limited liability company of which the reporting person is the manager and of which the reporting person and his spouse are the only members. The amounts reported in Column 5 are the correct amounts owned directly by the reporting person and indirectly by JJJJJV, LLC, respectively as of the date of this report.
Key Figures
Shares sold: 96,151 shares
Weighted average sale price: $4.05 per share
Sale price range: $4.03–$4.10 per share
+4 more
7 metrics
Shares sold
96,151 shares
Common stock sold on September 21, 2026 by a limited liability company associated with John B. Wood
Weighted average sale price
$4.05 per share
Average price for the 96,151 TLS shares sold on September 21, 2026
Sale price range
$4.03–$4.10 per share
Price range of individual transactions included in the September 21, 2026 sale
Indirect LLC holdings after sale
1,505,867 shares
TLS common stock held indirectly through a limited liability company after the reported sale
Direct holdings after sale
5,378,962 shares
TLS common stock directly owned by John B. Wood after the reported transaction
401(k) plan holdings
196,893.39 shares
TLS common stock held for John B. Wood through a 401(k) plan
Erroneously reported shares in 2022
200,000 shares
Previously misclassified as directly held on November 10, 2022 but actually held indirectly by a limited liability company
Key Terms
weighted average price, multiple transactions, limited liability company
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
multiple transactions financial
"The shares were sold in multiple transactions at prices ranging"
limited liability company financial
"held indirectly by JJJJJV, LLC, a limited liability company"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TLS report for John B. Wood on September 21, 2026?
Telos reported that John B. Wood, through a limited liability company, sold 96,151 shares of common stock on September 21, 2026 at a weighted average price of $4.05 per share in an open-market or private transaction.
What prior TLS ownership reporting error does this Form 4 correct?
A footnote explains that on November 10, 2022, it was erroneously reported that 200,000 shares were purchased and directly held, but they were actually purchased and held indirectly by a limited liability company managed by John B. Wood and his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
