TELOS CORP (TLS) VP Malcolm Cooke receives new RSU and performance-based RSU grants
Rhea-AI Filing Summary
Cooke Malcolm G. reported acquisition or exercise transactions in this Form 4 filing.
TELOS CORP executive Malcolm G. Cooke received new equity awards in the form of restricted and performance-based stock units. He was granted 52,787 restricted share units of common stock at $0.00 per share, bringing his directly held common stock to 189,466.091 shares after the award. These restricted units are subject to forfeiture and vest in three equal installments on May 26, 2027, May 26, 2028, and May 26, 2029, settling in shares of common stock.
Cooke also received 19,004 performance-based RSUs, each representing a contingent right to one share of common stock, expiring on May 31, 2029. These vest only if the company’s total shareholder return reaches specified levels relative to peers during the performance period from June 1, 2026 through May 31, 2029. In addition, 12,770.350 common shares are held indirectly in his 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 52,787 shares
Net Buy
3 txns
Insider
Cooke Malcolm G.
Role
VP, Chief Info Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based RSUs | 19,004 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 52,787 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance-Based RSUs — 19,004 shares (Direct);
Common Stock — 189,466.091 shares (Direct);
Common Stock — 12,770.35 shares (Indirect, Held in 401(k))
Footnotes (2)
- F1. 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 in installments as follows: (1) one-third will vest on May 26, 2027; (2) one-third will vest on May 26, 2028; and (3) one-third will vest on May 26, 2029.
- F2. Each performance-based RSU presents a contingent right to receive one share of Issuer common stock. The performance-based RSUs vest upon the Issuer's common stock achieving a certain Total Shareholder Return relative to certain of the Issuer's peers during the performance period of June 1, 2026 through May 31, 2029.
Key Figures
Restricted share units granted: 52,787 units
Performance-based RSUs granted: 19,004 units
Direct common shares after grant: 189,466.091 shares
+4 more
7 metrics
Restricted share units granted
52,787 units
Common stock RSUs granted at $0.00 per unit on May 26, 2026
Performance-based RSUs granted
19,004 units
Contingent rights to common stock, performance period June 1, 2026–May 31, 2029
Direct common shares after grant
189,466.091 shares
Total TELOS CORP common stock directly held following RSU award
Indirect 401(k) holdings
12,770.350 shares
Common stock held indirectly in 401(k) plan
RSU vesting dates
May 26, 2027/2028/2029
Three equal installments for 52,787 restricted share units
Performance RSU period
June 1, 2026–May 31, 2029
Total Shareholder Return performance measurement window
Performance RSU expiration
May 31, 2029
Expiration date for 19,004 performance-based RSUs
Key Terms
restricted share units, performance-based RSU, Total Shareholder Return, vesting, +1 more
5 terms
performance-based RSU financial
"Each performance-based RSU presents a contingent right to receive one share of Issuer common stock"
Performance-based RSUs are promises to deliver company stock to employees only if the firm or the individual meets preset financial or operational targets; they convert into actual shares when those goals are achieved. For investors, they matter because they link pay to results—shaping management incentives, affecting future share count and earnings reports, and signaling how confident leadership is about hitting measurable milestones (think of a bonus that only pays out if sales or profit goals are reached).
vesting financial
"The restricted share units awarded will vest and be settled in shares of Issuer common stock"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
401(k) financial
"Common Stock ... nature_of_ownership: Held in 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TLS executive Malcolm G. Cooke report on this Form 4?
Malcolm G. Cooke reported equity awards, not open-market trades. He received 52,787 restricted share units of TELOS CORP common stock and 19,004 performance-based RSUs, both granted at a price of $0.00 per unit as part of his compensation package.
What performance conditions apply to Malcolm G. Cooke’s 19,004 performance-based RSUs in TLS stock?
Each of the 19,004 performance-based RSUs is a contingent right to one TELOS CORP share. They vest only if the company’s total shareholder return meets specified levels versus peers during the June 1, 2026 to May 31, 2029 performance period.
What are Malcolm G. Cooke’s holdings after the reported TLS equity awards?
Following the grant, Malcolm G. Cooke directly holds 189,466.091 shares of TELOS CORP common stock. He also has an indirect position of 12,770.350 common shares held in his 401(k) account, plus 19,004 performance-based RSUs tied to future performance conditions.