Does the TLS Form 4 disclose a price range for Dockery’s share sale?

The Form 4 footnote explains that the reported $4.14 is a weighted average price. Individual trades were executed at prices from $4.10 to $4.16, inclusive, and Dockery undertakes to provide detailed trade breakdowns upon request to interested parties.

Director at Telos (NASDAQ: TLS) sells 18,000 shares at $4.14 average

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

TELOS CORP director Derrick D. Dockery sold shares of the company in an open-market transaction. On May 14, 2026, he sold 18,000 shares of Common Stock at a weighted average price of $4.14 per share in multiple trades.

The shares were sold at prices ranging from $4.10 to $4.16 per share, according to the footnote. After this sale, Dockery directly owns 160,500 shares of Telos common stock.

Insider Trade Summary

Net Seller: 18,000 shares ($74,520)

Net Sell 1 txn

Insider Dockery Derrick D.

Role null

Sold 18,000 shs ($75K)

Type	Security	Shares	Price	Value
Sale	Common Stock	18,000	$4.14	$75K

Holdings After Transaction: Common Stock — 160,500 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 18,000 shares Weighted average sale price: $4.14 per share Sale price range: $4.10–$4.16 per share +2 more

5 metrics

Shares sold 18,000 shares Open-market sale on May 14, 2026

Weighted average sale price $4.14 per share Common Stock, open-market sale

Sale price range $4.10–$4.16 per share Multiple transactions within this range

Shares held after transaction 160,500 shares Direct ownership following sale

Net shares sold 18,000 shares Net buy/sell direction: net-sell

Key Terms

weighted average price, open-market sale, Common Stock, Form 4

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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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 →

05/15/2026 - 04:07 PM

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^*

Dockery Derrick D.

(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)
05/14/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/14/2026		S		18,000	D	$4.14⁽¹⁾	160,500	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.10 to $4.16, 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 this footnote.

Remarks:

	/s/ Helen M. Oh, attorney-in-fact	05/15/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did TLS director Derrick D. Dockery report?

Director Derrick D. Dockery reported selling 18,000 shares of Telos common stock in an open-market transaction on May 14, 2026. The sale was executed at a weighted average price of $4.14 per share, across multiple trades within a narrow price range.

At what prices did Derrick Dockery sell his TLS shares?

Derrick Dockery’s 18,000 Telos shares were sold at a weighted average price of $4.14 per share. The footnote states the individual trades occurred between $4.10 and $4.16 per share, reflecting small variations across several transactions.

How many TLS shares does Derrick Dockery hold after this sale?

After selling 18,000 shares, Derrick Dockery directly holds 160,500 shares of Telos common stock. This post-transaction balance, shown in the filing, helps investors see his remaining ownership stake following the reported open-market sale on May 14, 2026.

Was the TLS insider sale by Derrick Dockery an open-market transaction?

Yes. The filing classifies Derrick Dockery’s trade as an open-market sale of common stock. It uses transaction code “S” and describes the action as an open-market sale, with a weighted average price and detailed price range between $4.10 and $4.16.