Form 4: Telos Corp Executive Edward Hutchinson Jr. Reports Stock Transaction

Edward Hutchinson Jr., EVP and General Counsel of Telos Corporation, reports the withholding of shares to cover tax obligations following the vesting of restricted stock units.

Summary

• On May 16, 2025, Edward Hutchinson Jr., EVP and General Counsel of Telos Corporation, had 121,660 restricted stock units vest and settle into common stock.
• Telos withheld 58,762 shares of common stock at a price of $2.71 to satisfy Hutchinson's tax withholding obligations.
• Following the transaction, Hutchinson directly owns 405,557 shares of Telos common stock.
• Hutchinson also indirectly owns 12,422.05 shares through a 401k plan.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of restricted stock units and the subsequent withholding of shares for tax purposes, a common practice.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.
• The transaction impacts the reporting person's holdings in the company.

Key Dates

Keywords

Form 4, Telos Corp, TLS, Edward Hutchinson Jr., Restricted Stock Units, Tax Withholding, Beneficial Ownership, EVP, General Counsel