Telos (TLS) VP Donna Hill gets stock grant; shares withheld for tax
Rhea-AI Filing Summary
Telos Corp VP of Human Resources Donna K. Hill received a grant of 39,243 shares of common stock as compensation. Following the grant, the company withheld 12,210 shares to cover her tax obligations tied to restricted stock unit vesting, rather than selling them in the market. After these transactions, she holds 102,629 shares directly and 8,813.99 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27,033 shares
Net Buy
3 txns
Insider
Hill Donna K.
Role
VP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 12,210 | $4.27 | $52K |
| Grant/Award | Common Stock | 39,243 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 102,629 shares (Direct);
Common Stock — 8,813.99 shares (Indirect, Held in 401(k))
Footnotes (1)
- F1. Telos withheld 12,210 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of restricted stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Telos (TLS) VP Donna K. Hill report?
Donna K. Hill reported a grant of 39,243 Telos common shares and a withholding of 12,210 shares for taxes. These actions relate to compensation and restricted stock vesting rather than open-market buying or selling activity.
How are the 401(k) holdings for Telos (TLS) reported in this Form 4?
The Form 4 shows an indirect holding entry of 8,813.99 Telos shares described as “Held in 401(k).” This reflects retirement-plan ownership, separate from her 102,629 directly held common shares.