Form 4: Telos Corp Executive Cooke Malcolm G. Reports Stock Transaction
SEC Form 4 Filing
VP, Chief Info Tech Officer Malcolm G. Cooke reports disposition of Telos Corp shares to cover tax obligations following vesting of restricted stock units.
Summary
- On May 16, 2025, Malcolm G. Cooke, VP, Chief Info Tech Officer of Telos Corp, had 8,462 restricted stock units vest and settle in shares of common stock.
- Telos withheld 2,996 shares of common stock to satisfy Cooke's tax withholding obligation.
- Following the transaction, Cooke directly owns 85,432.091 shares of Telos common stock and indirectly owns 10,035.26 shares held in a 401(k).
Sentiment
Score: 5
Explanation: This is a neutral report on an insider transaction related to stock vesting and tax obligations, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It reflects the standard practice of executives receiving stock-based compensation and the subsequent tax obligations.
Stakeholder Impact
- The transaction has a minor impact on shareholders due to the change in ownership by an executive.
- Employees holding Telos stock may be interested in the transaction as it provides insight into executive compensation and stock activity.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Restricted stock units vested and shares were withheld for tax obligations. |
| 05/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Telos Corp, Malcolm G. Cooke, restricted stock units, Form 4, insider trading, tax withholding, stock transaction, TLS
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