Telos CFO has 98,019 shares withheld for taxes

Telos Corp EVP and CFO Gary Mark Bendza reported a routine tax-related share withholding.

Accepted by SEC EDGAR 05/19/2026 - 04:04 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Telos Corp EVP and CFO Gary Mark Bendza reported a routine tax-related share withholding. On a Form 4, the company withheld 98,019 shares of common stock at $4.20 per share to cover his tax obligation from vesting restricted stock units. He did not sell any shares to a third party. After this disposition, he holds 863,531 shares directly and 10,721.58 shares indirectly through a 401k plan.

Insider Trade Summary

Exercise Price or Tax Liability: 98,019 shares

Exercise Price or Tax Liability 1 txn

Insider Bendza Gary Mark

Role EVP, CFO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	98,019	$4.20	$412K
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 863,531 shares (Direct); Common Stock — 10,721.58 shares (Indirect, By 401k plan)

Footnotes (1)

1. F1. Telos withheld 98,019 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the restricted stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.

Key Figures

Tax withholding shares: 98,019 shares Withholding price: $4.20 per share Direct holdings after transaction: 863,531 shares +1 more

4 metrics

Tax withholding shares 98,019 shares Shares withheld to satisfy tax obligation from RSU vesting

Withholding price $4.20 per share Value used for 98,019 withheld common shares

Direct holdings after transaction 863,531 shares Common stock directly owned by CFO after withholding

Indirect 401k holdings 10,721.58 shares Common stock held indirectly via 401k plan

Key Terms

restricted stock units, tax withholding obligation, 401k plan, Form 4

4 terms

restricted stock units financial

"tax withholding obligation 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.

tax withholding obligation financial

"to satisfy the reporting person's tax withholding obligation resulting from the vesting"

401k plan financial

"total_shares_following_transaction 10721.5800 ... nature_of_ownership By 401k plan"

A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Telos (TLS) report for EVP CFO Gary Bendza?

Telos reported a tax-related share withholding for CFO Gary Bendza. The company withheld 98,019 shares of common stock to satisfy his tax obligation from vesting restricted stock units, with no shares sold to any third party as part of this transaction.

Did the Telos (TLS) CFO sell shares in the latest Form 4 filing?

No, the Telos CFO did not sell shares to the market. The Form 4 states 98,019 shares were withheld by Telos solely to cover his tax withholding obligation from vested restricted stock units, with no third-party sale involved.

How many Telos (TLS) shares does CFO Gary Bendza hold after the transaction?

After the transaction, Gary Bendza holds 863,531 Telos shares directly. He also has an additional 10,721.58 shares held indirectly through a 401k plan, according to the reported post-transaction ownership figures in the Form 4 filing.

What does transaction code F mean in the Telos (TLS) Form 4 filing?

Transaction code F reflects shares withheld for tax or exercise costs. In this case, Telos used 98,019 common shares to satisfy the CFO’s tax withholding obligation related to vesting restricted stock units, rather than an open-market sale of those shares.

How many Telos (TLS) shares were withheld for the CFO’s tax obligation?

Telos withheld 98,019 common shares for the CFO’s tax obligation. The Form 4 notes these shares were taken at $4.20 per share to cover taxes from vesting restricted stock units, with no sale to outside investors reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Bendza Gary Mark

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/16/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/16/2026		F		98,019(1)	D	$4.2	863,531	D
Common Stock								10,721.58	I	By 401k plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Telos withheld 98,019 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the restricted stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.

Remarks:

	/s/ Helen M. Oh, attorney-in-fact	05/19/2026
	** 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)