Borland David 4

What Happened
David Borland, a director of Telos Corp (TLS), received a grant of 34,091 restricted share units (RSUs) on May 26, 2026. The reported acquisition price was $0.00 (a grant), so no cash was paid by the insider. This is an award/compensation grant (transaction code A), not a purchase or sale.

Key Details

• Transaction date: 2026-05-26; filing date: 2026-05-27 (timely filing).
• Shares/units granted: 34,091 RSUs at $0.00 per unit (total reported dollar amount $0).
• Shares owned following the transaction: Not specified in the filing.
• Footnote: These RSUs are subject to forfeiture and "will vest and be settled in shares of Issuer common stock on May 26, 2028." (per filing footnote F1).
• Transaction type: Award/Grant (A). No sale or cash exercise occurred.

Context
RSU grants are typical director compensation and do not represent an immediate cash investment or sale. Because these units vest in two years, they indicate potential future stock issuance if vesting conditions are met, but they do not by themselves signal buying or selling sentiment by the insider.