Form 4: Telos Corp Director Fredrick Schaufeld Increases Stake in Company

Director Fredrick Schaufeld reports acquisition of 1,932 shares of Telos Corp at an average price of $3.48.

Summary

• On May 15, 2024, Fredrick Schaufeld, a director of Telos Corporation, acquired 1,932 shares of common stock at an average price of $3.48.
• The shares were purchased in multiple transactions with prices ranging from $3.38 to $3.50.
• Following the transaction, Schaufeld directly owns 91,297 shares and indirectly owns 341,444 shares through various trusts and entities.
• The indirect holdings include shares held by the Fredrick D. Schaufeld Rev Trust (341,444 shares), River Farm Investments, LLC (181,498 shares), FDS New River Farm 2017 Irrevocable Trust (250,000 shares), Haley E. Schaufeld Irr Trust (84,603 shares), and Jacob A. Schaufeld Irr Trust (84,602 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director buying shares suggests confidence, but the purchase is relatively small.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. This purchase by a director may influence investor sentiment.

Stakeholder Impact

• The transaction could positively influence shareholder sentiment.

Key Dates