Form 4: Telos Corp Director Schaufeld Acquires 119,295 Shares

Director Fredrick Schaufeld reports the acquisition of 119,295 shares of Telos Corp common stock at an average price of $4.47.

Summary

• On May 31, 2024, Fredrick Schaufeld, a director of Telos Corporation, acquired 119,295 shares of common stock.
• The shares were purchased at an average price of $4.47, with individual transactions ranging from $4.35 to $4.50.
• Following the transaction, Schaufeld directly owns 189,620 shares and indirectly owns 1,060,581 shares through the Fredrick D. Schaufeld Rev Trust.
• Additional indirect ownership includes 250,000 shares through FDS New River Farm 2017 Irrevocable Trust, 181,498 shares through River Farm Investments, LLC, and 84,603, 84,602, and 84,602 shares through Haley E. Schaufeld Irr Trust, Jacob A. Schaufeld Irr Trust, and Max R. Schaufeld Irr Trust, respectively.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director purchasing shares, which can be seen as a mildly positive signal, but it doesn't provide enough information to strongly indicate a positive or negative outlook.

Positives

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

Industry Context

This transaction is a routine disclosure of insider trading activity and doesn't necessarily indicate a broader trend in the cybersecurity or government IT services industry in which Telos operates.

Stakeholder Impact

• The purchase of shares by a director could positively influence shareholder sentiment.

Key Dates