Form 4: Telos Corp Executive Adjusts Holdings
Statement of Changes in Beneficial Ownership
Mark D. Griffin, EVP of Security Solutions at Telos Corp, reported a transaction involving the withholding of shares for tax obligations.
Summary
- Mark D. Griffin, Executive Vice President of Security Solutions at Telos Corp, engaged in a transaction on May 16, 2026.
- This transaction involved the withholding of 77,097 shares of Telos common stock to cover the reporting person's tax obligations arising from the vesting of restricted stock units.
- Following this transaction, Mr. Griffin beneficially owns 1,347,490 shares of common stock directly.
- Additionally, 21,352.28 shares are held indirectly through a 401k plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard administrative transaction related to executive compensation and tax obligations, with no indication of positive or negative company performance.
Positives
- The executive's holdings remain substantial, indicating continued commitment to the company.
- The transaction was a standard procedure for covering tax liabilities on vested equity, not a sale of shares to a third party.
Negatives
- A portion of the executive's vested equity was used to satisfy tax obligations, reducing the immediate net shares available to the executive.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for executives and directors regarding changes in their beneficial ownership of company stock. This specific filing details a common event related to equity compensation and tax obligations, rather than a strategic business development.
Stakeholder Impact
- Shareholders: No direct impact on share price or company operations is indicated by this transaction, which is a standard equity compensation event.
Key Dates
| Date | Description |
|---|---|
| 05/16/2026 | Transaction Date for share withholding |
| 05/19/2026 | Date of signature for the filing |
Keywords
Telos Corp, Mark D. Griffin, Form 4, SEC Filing, Insider Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership
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