Insider sale: TLS director disposes of 25,000 shares at ~$6.26

Rhea-AI Filing Summary

Telos Corporation (TLS) director Bradley W. Jacobs reported a sale of company stock on 08/25/2025. The filing shows 25,000 shares were disposed of in transactions at a weighted average price of $6.26, with prices in the range $6.25–$6.28. After the reported sale, Mr. Jacobs beneficially owned 188,293 shares, held directly. The Form 4 was filed by one reporting person and signed via attorney-in-fact Helen M. Oh.

Positive

• None.

Negative

• Director sale of 25,000 shares on 08/25/2025 at a weighted average price of $6.26, reducing direct holdings to 188,293 shares

Insights

Securities Analyst

TL;DR: Director sold a modest block of shares; transaction appears routine rather than transformative.

The Form 4 discloses a direct sale of 25,000 common shares by a company director at a weighted average price of $6.26 on 08/25/2025. The filing includes a footnote stating the sale occurred in multiple transactions at prices between $6.25 and $6.28 and that the reporting person will provide details on request. After the sale the director retains 188,293 shares. There is no accompanying information in this filing about a Rule 10b5-1 plan, personal circumstances, or material corporate events tied to the sale. For investors, the sale documents compliance with Section 16 reporting but, standing alone, does not provide evidence of company-level material changes.

Corporate Governance Expert

TL;DR: The disclosure is complete for the transaction; no governance red flags are present in this document.

The Form 4 is properly completed showing the reporting person, relationship (Director), transaction date, transaction code (S for sale), number of shares sold, weighted average price, and resulting beneficial ownership. The signature is provided by an attorney-in-fact, which is an accepted execution method. The explanatory footnote clarifies pricing range. The filing does not indicate accelerated insider selling patterns, patterned disclosures, or related-party transactions. Based solely on the information provided, this is a routine insider sale disclosure rather than a governance incident.

Insider Trade Summary

Net Seller: 25,000 shares ($156,500)

Net Sell 1 txn

Insider Jacobs Bradley W.

Role Director

Sold 25,000 shs ($157K)

Type	Security	Shares	Price	Value
Sale	Common Stock	25,000	$6.26	$157K

Holdings After Transaction: Common Stock — 188,293 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

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^*

Jacobs Bradley W.

(Last) (First) (Middle)

C/O TELOS CORPORATION

19886 ASHBURN ROAD

(Street)

ASHBURN VA 20147

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/25/2025		S		25,000	D	$6.26(1)	188,293	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $6.25 to $6.28, 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 acquired at each separate price within the range set forth in these footnotes.

Remarks:

	/s/ Helen M. Oh, attorney-in-fact	08/25/2025
	** 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.

FAQ

What did Bradley W. Jacobs report on the Form 4 for TLS?

The filing reports a direct sale of 25,000 common shares on 08/25/2025 at a weighted average price of $6.26; beneficial ownership after the sale is 188,293 shares.

What price range did the sale of TLS shares occur at?

The footnote states the shares were sold in multiple transactions at prices ranging from $6.25 to $6.28, and the reported price is a weighted average of $6.26.

What is the reporting person’s relationship to Telos Corporation (TLS)?

The Form 4 identifies Bradley W. Jacobs as a Director of Telos Corporation.

Who signed the Form 4 for Bradley W. Jacobs?

The form was signed by Helen M. Oh, attorney-in-fact, on 08/25/2025.