Form 4: Telos Corp Executive Mark Griffin Reports Share Acquisition and Tax Withholding

Mark Griffin, EVP of Security Solutions at Telos Corp, reports acquiring shares through vesting of performance share units and subsequent withholding for tax obligations.

Summary

• On April 14, 2025, Mark D Griffin, EVP of Security Solutions at Telos Corporation, acquired 45,094 shares of common stock due to the vesting of performance share units at a price of $2.48 per share.
• Telos withheld 21,617 shares of common stock at $2.48 per share to satisfy Griffin's tax withholding obligations related to the vesting of these performance stock units.
• Following these transactions, Griffin directly owns 1,040,355 shares of Telos common stock and indirectly owns 17,869.69 shares through a 401k plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather reports factual information.

Positives

• The vesting of performance share units suggests that Griffin has met certain performance criteria, which could be viewed positively.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Form 4, Telos Corp, Mark Griffin, share acquisition, performance share units, tax withholding, beneficial ownership, TLS