Telos CFO sells 174,539 shares at $4.05

Telos’ EVP and CFO Gary Mark Bendza sold 174,539 TLS shares on September 18, 2026 and now holds 337,008 shares directly plus additional shares via a 401k plan.

Rhea-AI Filing Summary

TELOS CORP (TLS) executive vice president and chief financial officer Gary Mark Bendza reported selling 174,539 shares of common stock on September 18, 2026 in an open-market or private transaction at a weighted average price of $4.05 per share. According to the filing, the sale was executed in multiple trades at prices ranging from $1.00 to $4.12 per share. After this sale, he holds 337,008 shares of common stock directly and an additional 10,721.58 shares indirectly through a 401k plan, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 174,539 shares

Net Sell 2 txns

Insider Bendza Gary Mark

Role EVP, CFO

Sold 174,539 shs ($707K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	174,539	$4.05	$707K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 337,008 shares (Direct); Common Stock — 10,721.58 shares (Indirect, By 401k plan)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.00 to $4.12, 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.

Key Figures

Shares sold: 174,539 shares Weighted average sale price: $4.05 per share Sale price range: $1.00–$4.12 per share +3 more

6 metrics

Shares sold 174,539 shares Common stock sold by the executive vice president and CFO on September 18, 2026

Weighted average sale price $4.05 per share Average price for the 174,539 Telos shares sold on September 18, 2026

Sale price range $1.00–$4.12 per share Range of individual trade prices for the reported sale

Direct holdings after sale 337,008 shares Common stock directly owned by the executive vice president and CFO after the transaction

Indirect 401k holdings after sale 10,721.58 shares Common stock held indirectly through a 401k plan after the reported sale

Net shares sold in filing 174,539 shares Net share change from buy/sell activity reported in this Form 4

Key Terms

weighted average price, open-market or private transaction, indirect, 401k plan

4 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.

open-market or private transaction financial

"Sale in open market or private transaction"

indirect financial

"shares held indirectly through a 401k plan"

401k plan financial

"Common stock held indirectly through a 401k plan after the reported sale"

A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TLS report for its CFO on September 18, 2026?

The executive vice president and chief financial officer, Gary Mark Bendza, reported a sale of 174,539 shares of Telos common stock on September 18, 2026 in an open-market or private transaction.

At what price did the TLS CFO sell the 174,539 shares?

The filing states a weighted average price of $4.05 per share, with multiple trades executed at prices ranging from $1.00 to $4.12 per share for the 174,539 Telos shares sold.

How many TLS shares does the CFO hold after this reported sale?

After the reported sale, Gary Mark Bendza holds 337,008 shares of Telos common stock directly and 10,721.58 shares indirectly through a 401k plan, according to the ownership lines in the filing.

Was the TLS CFO’s September 18, 2026 sale under a Rule 10b5-1 plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for the September 18, 2026 sale by Telos’ executive vice president and chief financial officer.

What is the total number of TLS shares sold in this Form 4 filing?

The Form 4 reports that the executive vice president and chief financial officer sold 174,539 shares of Telos common stock, with no additional purchases or other types of equity transactions reported in this filing.

How are some of the TLS shares held by the CFO classified after the transaction?

In addition to directly held shares, the filing lists 10,721.58 shares of Telos common stock held indirectly through a 401k plan, reflecting retirement-plan ownership separate from his direct holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/21/2026 - 05:10 PM Accepted by SEC EDGAR 09/21/2026 - 05:10 PM Learn about SEC filing dates

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^*

Bendza Gary Mark

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2026

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	09/18/2026		S		174,539	D	$4.05(1)	337,008	D
Common Stock								10,721.58	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.00 to $4.12, 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.

Remarks:

	/s/ Helen M. Oh, attorney-in-fact	09/21/2026
	** 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)