Telos (TLS) director Bradley Jacobs receives 34,091 restricted share units in equity grant
Rhea-AI Filing Summary
TELOS CORP director Bradley W. Jacobs received an equity award of 34,091 shares of common stock in the form of restricted share units. The grant carried no cash exercise price and increased his directly held stake to 222,384 shares after the transaction.
The footnotes explain that these restricted share units are subject to forfeiture and will vest and be settled in shares of Telos common stock on May 26, 2028, if conditions in the award agreement are met. This is a compensation-related award rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 34,091 shares
Net Buy
1 txn
Insider
Jacobs Bradley W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,091 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 222,384 shares (Direct)
Footnotes (1)
- 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 on May 26, 2028.
Key Figures
Equity grant size: 34,091 shares
Grant price: $0.0000 per share
Holdings after grant: 222,384 shares
+1 more
4 metrics
Equity grant size
34,091 shares
Restricted share units of common stock granted to director
Grant price
$0.0000 per share
Reported transaction price for RSU grant
Holdings after grant
222,384 shares
Total Telos common shares directly owned after transaction
Vesting date
May 26, 2028
RSUs vest and settle in Telos common stock on this date
Key Terms
restricted share units, subject to forfeiture, vest and be settled, Form 4
4 terms
subject to forfeiture financial
"granted pursuant to an award agreement between the reporting person and the Issuer and are subject to forfeiture"
vest and be settled financial
"The restricted share units awarded will vest and be settled in shares of Issuer common stock on May 26, 2028"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Telos (TLS) director Bradley W. Jacobs report on this Form 4?
Bradley W. Jacobs reported receiving 34,091 restricted share units of Telos common stock. These units are a compensation-related equity award, not an open-market purchase, and increased his directly held position to 222,384 common shares after the grant.
What is Bradley W. Jacobs’ Telos (TLS) ownership after this Form 4 transaction?
After the grant, Jacobs directly owns 222,384 shares of Telos common stock. This total includes the newly awarded restricted share units, which will convert into shares only if they vest as outlined in the underlying award agreement.
Is Bradley W. Jacobs’ Telos (TLS) grant an open-market stock purchase?
No, it is not an open-market purchase. The Form 4 describes the transaction as a grant of restricted share units at $0.0000 per share, reflecting stock-based compensation awarded under an agreement with Telos rather than shares bought on the public market.