Form 4: Telos EVP Griffin's Performance Share Units Vest

Telos Corporation's EVP of Security Solutions, Mark D. Griffin, saw 379,920 performance share units vest, with 172,756 shares withheld for tax obligations.

Summary

• Mark D. Griffin, Executive Vice President of Security Solutions at Telos Corporation, acquired 379,920 shares of common stock on February 2, 2026, upon the vesting of performance share units.
• Telos Corporation withheld 172,756 shares of common stock, valued at $5.53 per share, to satisfy Mr. Griffin's tax withholding obligation resulting from the PSU vesting.
• Mr. Griffin did not sell any shares of Telos stock to a third party as part of this transaction.
• Following these transactions, Mr. Griffin directly beneficially owns 1,362,157 shares of common stock and indirectly owns 17,869.69 shares through a 401k Plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the successful vesting of performance-based compensation, which aligns executive incentives with company performance. The tax withholding is a standard procedural aspect of such transactions.

Positives

• The vesting of 379,920 performance share units indicates that performance targets set for the executive were met, reflecting positively on company performance or executive achievement.
• The executive retained a significant portion of the vested shares, demonstrating continued alignment with shareholder interests.

Negatives

• 172,756 shares were disposed of to cover tax withholding obligations, reducing the executive's direct beneficial ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Telos Corporation's future performance or strategic direction.

Management Comments

• The reporting person acquired these shares upon the vesting of certain performance share units.
• Telos withheld 172,756 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the performance stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.

Industry Context

StockSavvy.ai notes that executive compensation, particularly through performance-based equity awards like PSUs, is a common practice across the technology and cybersecurity sectors. The vesting of such units is a routine event, reflecting the achievement of pre-defined corporate or individual performance metrics, and is generally not indicative of broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: The vesting of performance share units indicates that the company or executive met certain performance targets, which could be viewed positively. The transaction itself is a routine compensation event and does not directly impact the company's operational or financial health.
• Employees: This filing primarily concerns executive compensation and does not directly impact the broader employee base.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving the vesting of performance share units and subsequent tax withholding. It does not provide new material information about Telos Corporation's operational performance, financial outlook, or strategic direction that would warrant a change in investment recommendation. The transaction is an expected part of executive compensation and does not suggest any fundamental shift in the company's value proposition.

Keywords

Telos Corporation, TLS, Form 4, Insider Transaction, Performance Share Units, PSU Vesting, Executive Compensation, Mark D. Griffin, Stock Ownership