Telos (TLS) VP Donna K. Hill has 2,310 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Telos Corp VP of Human Resources Donna K. Hill reported a tax-related share disposition tied to restricted stock unit vesting. Telos withheld 2,310 shares of common stock at $4.20 per share to satisfy her tax withholding obligation, and no shares were sold to a third party. After this transaction, she directly holds 100,319 shares of Telos common stock and indirectly holds 8,813.99 shares in a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hill Donna K.
Role
VP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,310 | $4.20 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 100,319 shares (Direct, null);
Common Stock — 8,813.99 shares (Indirect, Held in 401(k))
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 2,310 shares
Withholding price: $4.20 per share
Direct holdings after transaction: 100,319 shares
+2 more
5 metrics
Tax-withheld shares
2,310 shares
Shares withheld to satisfy tax obligation on RSU vesting
Withholding price
$4.20 per share
Value used for 2,310 withheld shares
Direct holdings after transaction
100,319 shares
Common stock directly owned after tax withholding
Indirect 401(k) holdings
8,813.99 shares
Common stock held indirectly in 401(k) account
Tax-withholding transactions
1 transaction, 2,310 shares
Summary tax-withholding count and shares
Key Terms
tax withholding obligation, restricted stock units, 401(k), tax-withholding disposition
4 terms
tax withholding obligation financial
"to satisfy the reporting person's tax withholding obligation resulting from the vesting"
restricted stock units financial
"resulting from the vesting of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
401(k) financial
"Held in 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Telos (TLS) VP Donna K. Hill report?
Donna K. Hill reported a tax-withholding disposition of Telos shares. The company withheld 2,310 common shares to cover taxes from restricted stock unit vesting, rather than selling shares to an outside buyer.
What does the Form 4 tax-withholding code F mean for Telos (TLS)?
Code F indicates shares were withheld to pay taxes, not sold on the open market. In this case, Telos withheld 2,310 shares from Donna K. Hill to satisfy her tax liability on vested restricted stock units.