Form 4: Telos EVP Robbins Reports PSU Vesting, Tax Withholding

Telos Corporation's EVP and General Counsel, Edward Hutchinson Robbins Jr., reported the vesting of performance share units and subsequent tax-related share withholding.

Summary

• Edward Hutchinson Robbins Jr., EVP and General Counsel of Telos Corporation, acquired 270,386 shares of common stock on February 2, 2026, due to the vesting of performance share units.
• Concurrently, 134,042 shares of Telos common stock were disposed of at a price of $5.53 per share to satisfy tax withholding obligations related to the vesting.
• The reporting person did not sell any shares to a third party as part of this transaction.
• Following these transactions, Robbins directly beneficially owns 668,901 shares and indirectly owns 12,422.05 shares through a 401k plan.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event for the executive, reflecting the successful vesting of performance-based compensation, which is a standard and expected part of executive remuneration. The tax withholding is a neutral, administrative action.

Positives

• Edward Hutchinson Robbins Jr. received 270,386 shares of common stock through the vesting of performance share units, indicating successful achievement of performance targets.
• The vesting of performance share units represents a significant component of executive compensation.

Negatives

• 134,042 shares were withheld by Telos Corporation to cover tax obligations, reducing the number of shares directly held by the executive post-vesting.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that executive compensation, particularly through performance-based equity awards like PSUs, is a common practice across the technology and defense contracting sectors, aligning management incentives with shareholder value creation. This routine vesting event does not provide specific industry-wide insights.

Stakeholder Impact

• Shareholders: The vesting and subsequent tax withholding are routine compensation events and have a minimal direct impact on existing shareholders, primarily reflecting the cost of executive compensation.
• Executive (Edward Hutchinson Robbins Jr.): Directly benefits from the vesting of performance share units, increasing their direct ownership in the company, albeit reduced by tax withholding.

Key Dates

Keywords

Telos Corporation, TLS, Form 4, Insider Transaction, Performance Share Units, PSU Vesting, Executive Compensation, Stock Award, Tax Withholding, Edward Hutchinson Robbins Jr., Corporate Governance