TLS.NASDAQTelos CORP

Form 4: Telos Corp Executive Donna K. Hill Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


VP of Human Resources at Telos Corp, Donna K. Hill, reports the withholding of shares to cover tax obligations following the vesting of restricted stock units.

Summary

  • On May 16, 2025, Donna K. Hill, VP of Human Resources at Telos Corporation, reported a change in beneficial ownership of Telos Corp [TLS] shares.
  • 7,672 restricted stock units vested and were settled in shares of common stock.
  • Telos withheld 2,716 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the restricted stock units at a price of $2.71.
  • Following the transaction, Hill directly owns 53,787 shares of common stock and indirectly owns 6,359.58 shares held in a 401(k).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing reflecting standard compensation practices. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. These filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.

Key Dates

DateDescription
05/16/2025Date of transaction: 7,672 restricted stock units vested and 2,716 shares withheld for tax obligations.
05/19/2025Date of signature by attorney-in-fact.

Keywords

beneficial ownership, Form 4, Telos Corp, restricted stock units, tax withholding, shares, TLS, Donna K. Hill

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