Form 4: Telos Corp Executive Mark Griffin Reports Stock Transaction Following RSU Vesting

EVP Mark Griffin of Telos Corp reports disposition of shares to cover tax obligations after restricted stock units vested.

Summary

• On May 16, 2025, Mark Griffin, EVP of Security Solutions at Telos Corporation, had 170,946 restricted stock units (RSUs) vest and settle into common stock.
• To satisfy tax withholding obligations related to the vesting, Telos withheld 77,097 shares of its common stock at a price of $2.71 per share.
• Griffin directly owns 963,258 shares of common stock following the transaction.
• Griffin also indirectly owns 17,869.69 shares of common stock through a 401k plan.
• The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• Shareholders may be interested in tracking executive ownership and compensation.
• The transaction has a minor impact on the total outstanding shares of Telos Corp.

Key Dates

Keywords

Form 4, Telos Corp, TLS, Mark Griffin, Restricted Stock Units, RSU, Vesting, Tax Withholding, Beneficial Ownership, EVP, Security Solutions