Telos EVP sells 62,398 shares at $4.73
Telos EVP and General Counsel reported an open-market sale of 62,398 shares and now holds about 606,000 shares directly and via a 401k plan.
Rhea-AI Filing Summary
TELOS CORP (TLS) insider Edward Hutchinson Robbins Jr., EVP and General Counsel, reported selling 62,398 shares of common stock on September 2, 2026 at a weighted average price of $4.73 per share, in multiple trades between $4.68 and $4.79. Following the sale, he holds 589,915 shares directly and 15,904.64 shares indirectly through a 401k plan. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 62,398 shares
Net Sell
2 txns
Insider
Robbins Edward Hutchinson Jr.
Role
EVP, General Counsel
Sold
62,398 shs ($295K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 62,398 | $4.73 | $295K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 589,915 shares (Direct);
Common Stock — 15,904.64 shares (Indirect, By 401k plan)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.68 to $4.79, 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: 62,398 shares
Weighted average sale price: $4.73 per share
Sale price range: $4.68–$4.79 per share
+3 more
6 metrics
Shares sold
62,398 shares
Open-market sale of Telos common stock on September 2, 2026
Weighted average sale price
$4.73 per share
Sale of 62,398 shares in multiple trades between $4.68 and $4.79
Sale price range
$4.68–$4.79 per share
Prices of individual trades included in the reported weighted average
Direct holdings after transaction
589,915 shares
Direct Telos common stock position following the September 2, 2026 sale
Indirect 401k holdings after transaction
15,904.64 shares
Indirect Telos common stock held through a 401k plan after the reported transaction
Net shares sold
62,398 shares
Net buy/sell direction in the filing’s transaction summary
Key Terms
weighted average price, Rule 10b5-1, indirect ownership, 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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this sale."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
indirect ownership financial
"Indirect ownership is reported as 15,904.64 shares held by 401k plan."
401k plan financial
"Indirect holdings of 15,904.64 shares are held by 401k plan."
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
What insider transaction did TLS executive Edward Hutchinson Robbins Jr. report?
He reported a sale of 62,398 shares of Telos common stock on September 2, 2026 at a weighted average price of $4.73 per share, with individual trades executed between $4.68 and $4.79.
Was the TLS insider sale made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating the sale was pursuant to a Rule 10b5-1 trading plan.
What is the role of the reporting person in TLS mentioned in this Form 4?
The reporting person, Edward Hutchinson Robbins Jr., serves as EVP, General Counsel of Telos Corp., according to the filing’s officer title disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.