Telos (TLS) director Schaufeld receives 34,091 restricted share units in equity grant

Rhea-AI Filing Summary

TELOS CORP director Fredrick Schaufeld received a stock-based compensation award. He was granted 34,091 restricted share units of common stock at a stated price of $0.00 per share, classified as an acquisition under a grant or award.

According to the footnote, these restricted share units are subject to forfeiture and will vest and be settled in shares of Telos common stock on May 26, 2028. After this award, Schaufeld directly holds 250,909 common shares, with additional indirect holdings through trusts and an investment LLC reported in the filing.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Schaufeld Fredrick

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	34,091	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 250,909 shares (Direct, null); Common Stock — 948,718 shares (Indirect, By Fredrick D. Schaufeld Rev Trust)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 34,091 shares Grant price: $0.00 per share Direct holdings after grant: 250,909 shares +4 more

7 metrics

RSU grant size 34,091 shares Restricted share units granted to director Schaufeld

Grant price $0.00 per share Stated price for RSU award

Direct holdings after grant 250,909 shares Common stock directly held following award

FDS New River Farm 2017 Irrevocable Trust holdings 250,000 shares Indirect ownership entry on Form 4

River Farm Investments, LLC holdings 181,498 shares Indirect ownership entry on Form 4

Fredrick D. Schaufeld Rev Trust holdings 948,718 shares Indirect ownership entry on Form 4

RSU vesting date May 26, 2028 Vesting and settlement date for RSUs

Key Terms

restricted share units, Grant, award, or other acquisition, subject to forfeiture, irrevocable trust, +1 more

5 terms

restricted share units financial

"These shares of common stock represent restricted share units granted pursuant to an award agreement"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

subject to forfeiture financial

"and are subject to forfeiture. The restricted share units awarded will vest"

irrevocable trust financial

"By FDS New River Farm 2017 Irrevocable Trust"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

indirect ownership financial

""ownership_type": "indirect", "ownership_code": "I""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Schaufeld Fredrick

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/26/2026		A		34,091(1)	A	$0	250,909	D
Common Stock								948,718	I	By Fredrick D. Schaufeld Rev Trust
Common Stock								181,498	I	River Farm Investments, LLC
Common Stock								250,000	I	By FDS New River Farm 2017 Irrevocable Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares of common stock represent restricted share units granted pursuant to an award agreement between the reporting person and the Issuer and are subject to forfeiture. The restricted share units awarded will vest and be settled in shares of Issuer common stock on May 26, 2028.

Remarks:

	/s/ Helen M. Oh, attorney-in-fact	05/27/2026
	** Signature of Reporting Person	Date
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 transaction did Telos (TLS) director Fredrick Schaufeld report?

Fredrick Schaufeld reported an acquisition of 34,091 restricted share units of Telos common stock as a grant or award. This is a stock-based compensation grant, not an open-market purchase or sale, and is recorded at a stated price of $0.00 per share.

Are the new Telos (TLS) restricted share units immediately vested?

No. The 34,091 restricted share units granted to Fredrick Schaufeld are subject to forfeiture and will vest on May 26, 2028. Upon vesting, they will be settled in shares of Telos common stock, aligning the award with long-term service and performance.

How many Telos (TLS) shares does Fredrick Schaufeld hold directly after this Form 4?

After the award, Fredrick Schaufeld directly holds 250,909 shares of Telos common stock. This figure reflects his direct ownership only, separate from additional indirect holdings reported through trusts and an investment LLC associated with him.

What indirect Telos (TLS) holdings are associated with Fredrick Schaufeld?

The filing lists indirect holdings of Telos common stock through FDS New River Farm 2017 Irrevocable Trust, River Farm Investments, LLC, and the Fredrick D. Schaufeld Revocable Trust. Each entity’s total share position is reported separately as indirect ownership on the Form 4.

Was the Telos (TLS) Form 4 transaction a market buy or sell?

No. The only quantified transaction is coded as a grant, award, or other acquisition of 34,091 restricted share units at $0.00 per share. It represents stock-based compensation, not an open-market purchase or sale of Telos common shares.