Form 4: Telos Corp Director Schaufeld Acquires Additional Shares

Director Fredrick Schaufeld reports the acquisition of 44,821 shares of Telos Corp at an average price of $3.67.

Summary

• On May 17, 2024, Fredrick Schaufeld, a director of Telos Corporation, acquired 44,821 shares of common stock at an average price of $3.67.
• The shares were purchased in multiple transactions with prices ranging from $3.53 to $3.68.
• Following the reported transaction, Schaufeld directly and indirectly beneficially owns 386,265 shares.
• These shares are held directly, through the Fredrick D. Schaufeld Rev Trust, the FDS New River Farm 2017 Irrevocable Trust, River Farm Investments, LLC, the Haley E. Schaufeld Irr Trust, and the Jacob A. Schaufeld Irr Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a vote of confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's performance.

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 filing is a routine disclosure required by the SEC for corporate insiders. It provides transparency into the trading activities of individuals with access to non-public information.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The level of detail provided in this filing is consistent with SEC requirements and industry norms.

Stakeholder Impact

• The share purchase could have a minor positive impact on shareholder sentiment.

Key Dates