Telos (NASDAQ: TLS) VP awarded RSUs and performance-based RSUs
Rhea-AI Filing Summary
Hill Donna K. reported acquisition or exercise transactions in this Form 4 filing.
TELOS CORP VP of Human Resources Donna K. Hill reported new equity awards and updated holdings. She received a grant of 33,001 restricted share units that will vest in three equal installments on May 26, 2027, May 26, 2028, and May 26, 2029, and be settled in common stock if not forfeited.
Hill was also granted 12,942 performance-based RSUs, each representing a contingent right to one share of common stock. These performance-based RSUs vest only if Telos’ common stock reaches specified Total Shareholder Return levels versus selected peers during the performance period from June 1, 2026 through May 31, 2029. After these awards, she holds 133,320 shares directly and 8,813.99 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based RSUs | 12,942 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 33,001 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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
Key Terms
performance-based RSUs financial
401(k) financial
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