Cooke Malcolm G. 4

What Happened Malcolm G. Cooke, Vice President and Chief Information Technology Officer of Telos Corp (TLS), had 2,548 shares of Telos common stock withheld to satisfy tax withholding on vested restricted stock units. The withholding was recorded at $4.20 per share, totaling $10,702. This was a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-16; Form 4 filed: 2026-05-19.
• Transaction type/code: Payment of tax liability via share withholding (F).
• Shares involved: 2,548 shares withheld at $4.20/share; value reported $10,702.
• Footnote: Company withheld shares to cover tax obligations from RSU vesting; the reporting person did not sell shares to a third party.
• Shares owned after transaction: not specified in the filing.

Context Withholding shares to pay taxes on vested RSUs is a routine administrative action and does not indicate a deliberate sale or purchase decision by the insider. Such transactions are common when equity awards vest and are generally less informative about insider sentiment than open-market purchases or discretionary sales.