January 19, 2024 · Form 4 insider transaction
Wood John B sold 23,826 shares of Telos at $3.95 per share, a transaction worth $94.1K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
On January 19, 2024, 57,648 restricted stock units held by the reporting person vested and were settled in shares of common stock. Telos withheld 23,826 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the restricted stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.