Griffin Mark D 4
4 · TELOS CORP · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Telos (TLS) EVP Mark Griffin Receives RSU Award; Shares Withheld
What Happened
Mark D. Griffin, Executive Vice President, Security Solutions at Telos Corp (TLS), received an award of 113,716 restricted shares (reported as an award/acquisition) on 2026-03-18. On 2026-03-19 the company withheld 51,286 of those shares to satisfy the reporting person's tax withholding obligation at an effective value of $4.27 per share (total withheld value $218,991). The filing shows no third‑party sale of shares — the withholding was a tax payment.
Key Details
- Transaction types: A = Award/Grant (113,716 shares on 2026-03-18); F = Tax withholding (51,286 shares withheld on 2026-03-19).
- Withholding price/value: $4.27 per share; total value withheld $218,991.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Company withheld shares to satisfy the reporting person's tax liability; no shares were sold to a third party.
- Filing date: Report filed 2026-03-20 for the period ending 2026-03-18 (appears timely).
Context
This was a grant/vesting of restricted stock units (an award), not an open-market purchase or a sale. Share withholding to cover taxes is a routine administrative action and does not by itself signal a change in insider outlook.
Insider Transaction Report
- Award
Common Stock
2026-03-18+113,716→ 1,475,873 total - Tax Payment
Common Stock
[F1]2026-03-19$4.27/sh−51,286$218,991→ 1,424,587 total
- 21,352.28(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Telos withheld 51,286 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of restricted stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.