TELOS CORP (TLS) director receives 34,091 restricted share units vesting in 2028

Rhea-AI Filing Summary

Carroll Bonnie Lynn reported acquisition or exercise transactions in this Form 4 filing.

TELOS CORP director Bonnie Lynn Carroll received an equity award of 34,091 shares of common stock in the form of restricted share units. The award was granted at no cash cost to her and is subject to forfeiture. These restricted share units are scheduled to vest and be settled in shares of TELOS common stock on May 26, 2028. Following this grant, she holds a total of 182,582 shares of TELOS CORP common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Carroll Bonnie Lynn

Role null

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

Holdings After Transaction: Common Stock — 182,582 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity award size: 34,091 shares Grant price per share: $0.0000 per share Post-transaction holdings: 182,582 shares +1 more

4 metrics

Equity award size 34,091 shares Restricted share units of common stock granted to director

Grant price per share $0.0000 per share Reported transaction price for the restricted share units

Post-transaction holdings 182,582 shares Total TELOS CORP common shares held directly after grant

Vesting date May 26, 2028 Date restricted share units vest and settle in common stock

Key Terms

restricted share units, subject to forfeiture, settled in shares, Form 4

4 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.

subject to forfeiture financial

"restricted share units granted pursuant to an award agreement ... and are subject to forfeiture"

settled in shares financial

"The restricted share units awarded will vest and be settled in shares of Issuer common stock"

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.

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^*

Carroll Bonnie Lynn

(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	182,582	D

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 CORP (TLS) report for Bonnie Lynn Carroll?

TELOS CORP reported that director Bonnie Lynn Carroll received 34,091 restricted share units of common stock as an equity award. The award was granted at no cash cost and increases her direct holdings to 182,582 TELOS CORP common shares after the transaction.

How many TELOS CORP (TLS) shares did Bonnie Lynn Carroll hold after this Form 4 transaction?

After the equity award, Bonnie Lynn Carroll directly holds 182,582 shares of TELOS CORP common stock. This figure includes the impact of the 34,091 restricted share units granted in the reported transaction, as reflected in the post-transaction ownership total.

What type of equity award did TELOS CORP (TLS) grant to Bonnie Lynn Carroll?

Bonnie Lynn Carroll received 34,091 restricted share units of TELOS CORP common stock. These units were granted under an award agreement, carry no purchase price, are subject to forfeiture, and will ultimately be settled in actual shares of the company’s common stock.

When will Bonnie Lynn Carroll’s TELOS CORP (TLS) restricted share units vest?

The 34,091 restricted share units granted to Bonnie Lynn Carroll will vest and be settled in TELOS CORP common stock on May 26, 2028. Until vesting, the units remain subject to forfeiture under the terms of the applicable award agreement.

Did Bonnie Lynn Carroll buy or sell TELOS CORP (TLS) shares on the open market?

The transaction reported was an equity award, not an open-market trade. Bonnie Lynn Carroll acquired 34,091 restricted share units of TELOS CORP common stock as a grant with a zero dollar price per share, rather than buying or selling shares in the market.