Form 4: Telos Corp Executive Victoria A. Harding Reports Acquisition of Restricted Share Units

Victoria A. Harding, Controller and Chief Accounting Officer of Telos Corporation, reports the acquisition of restricted share units that will vest over the next two years.

Summary

• On May 16, 2024, Victoria A. Harding, Controller and Chief Accounting Officer of Telos Corporation, reported a transaction involving Telos Corp [TLS] common stock.
• Harding acquired 34,723 restricted share units (RSUs) at a price of $0.
• These RSUs will vest in two installments: 50% on May 16, 2025, and the remaining 50% on May 16, 2026.
• Following the reported transaction, Harding directly owns 111,437 shares of common stock and indirectly owns 5,561.6 shares held by 401(k).

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document simply reports a routine insider transaction. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of restricted share units aligns the executive's interests with the long-term performance of the company.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and alignment of management's interests with shareholders.

Stakeholder Impact

• The granting of restricted share units can positively impact shareholders by aligning management's interests with the company's long-term success.

Key Dates