TLS officer holds 97,337.091 shares after RSU settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Telos Corp (TLS) disclosed an officer’s equity transactions. On 10/20/2025, the VP & Chief Info Tech Officer settled 9,475 performance-based RSUs into common stock (Code M), and 4,196 shares were withheld to cover taxes at $7.10 per share (Code F). The officer also acquired 4,464 shares at $0 upon vesting (Code A).
The RSUs vested once Telos’ stock traded at or above $6.00 for 50 consecutive calendar days on the NASDAQ Global Market. Following the transactions, the officer directly holds 97,337.091 shares and indirectly holds 10,035.26 shares in a 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
9,475 shares exercised/converted
Mixed
5 txns
Insider
Cooke Malcolm G.
Role
VP, Chief Info Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based RSUs | 9,475 | $0.00 | -- |
| Grant/Award | Common Stock | 4,464 | $0.00 | -- |
| Exercise | Common Stock | 9,475 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,196 | $7.10 | $30K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance-Based RSUs — 42,638 shares (Direct);
Common Stock — 92,058.091 shares (Direct);
Common Stock — 10,035.26 shares (Indirect, Held in 401(k))
Footnotes (1)
- The reporting person acquired these shares upon the vesting of certain performance share units. Each performance-based RSU presents a contingent right to receive one share of Telos common stock. These performance-based RSUs vested and settled in shares of Telos common stock once Telos' common stock traded at or above $6.00 per share for 50 consecutive calendar days on the NASDAQ Global Market. Telos withheld 4,196 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the performance stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.
FAQ
What did Telos (TLS) report in this Form 4?
An officer settled 9,475 performance-based RSUs into common stock on 10/20/2025, with 4,196 shares withheld for taxes, and acquired 4,464 shares upon vesting.
What triggered the RSU vesting for TLS?
RSUs vested once Telos’ stock traded at or above $6.00 for 50 consecutive calendar days on the NASDAQ Global Market.
What is the officer’s role at Telos (TLS)?
The reporting person is an Officer, serving as VP, Chief Info Tech Officer.
What were the transaction codes used in the Form 4?
Codes used were M (derivative-to-share settlement), F (tax withholding), and A (acquisition on vesting).