Form 4: Telos Corp Chairman and CEO John B. Wood Acquires Additional Shares
SEC Form 4 Filing
John B. Wood, Chairman and CEO of Telos Corp, recently purchased 158,644 shares of common stock at a weighted average price of $2.39.
Summary
- On August 12, 2024, John B. Wood, the Chairman and CEO of Telos Corporation, acquired 158,644 shares of Telos Corp common stock.
- The purchase was made at a weighted average price of $2.39 per share, with individual transaction prices ranging from $2.03 to $2.65.
- Following the transaction, Wood directly owns 5,026,925 shares of Telos Corp common stock.
- Wood also indirectly owns 772,485 shares through an LLC and 189,906.88 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider trading and provides insight into the actions of key company executives.
Stakeholder Impact
- The CEO's stock purchase may positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of the stock acquisition by John B. Wood. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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