Griffin Mark D 4
Research Summary
AI-generated summary
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.