Maluda John W 4
Research Summary
AI-generated summary
Telos (TLS) Director John W. Maluda Receives RSU Award — 34,091 Shares
What Happened
- John W. Maluda, a director of Telos Corp (ticker: TLS), was granted 34,091 restricted share units (RSUs) on May 26, 2026. The Form 4 reports the acquisition price as $0.00 (i.e., a compensatory award rather than a cash purchase). The RSUs are subject to forfeiture and will vest and be settled in shares of Telos common stock on May 26, 2028.
Key Details
- Transaction date: 2026-05-26; Transaction type: Award/Grant (code A)
- Shares/units granted: 34,091 RSUs; reported acquisition price: $0.00; total value per Form 4: $0
- Vesting/settlement: RSUs will vest and be settled in common stock on May 26, 2028 (per footnote)
- Shares owned after transaction: not specified in the information provided in this summary
- Filing timeliness: Reported on Form 4 filed 2026-05-27 (next business day), so not a late filing
Context
- RSUs are a common form of equity compensation: they do not transfer actual shares now but represent a right to receive company stock in the future if vesting conditions are met. Such grants are routine for executives and directors as compensation and do not by themselves indicate a buy or sell signal.