Robbins Edward Hutchinson Jr. 4
Research Summary
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TELOS (TLS) EVP Robbins Withholds 59,675 Shares for Taxes
What Happened Edward Hutchinson Robbins Jr., Executive Vice President and General Counsel of Telos Corp (TLS), had 59,675 shares withheld to satisfy tax withholding arising from the vesting of restricted stock units (RSUs). The withholding was recorded at $4.20 per share for a total tax withholding value of $250,635. No shares were sold to a third party as part of this transaction.
Key Details
- Transaction date: 2026-05-16; Filing date: 2026-05-19.
- Shares withheld: 59,675 at $4.20 per share; total value withheld = $250,635.
- Transaction code: F (tax withholding to satisfy tax liability on vested equity).
- Footnote: Company withheld the shares to satisfy the reporting person’s tax withholding obligation; reporting person did not sell shares to a third party.
- Shares owned after the transaction: Not specified in the provided Form 4; refer to the filing for full holdings.
- Timeliness: Transaction dated May 16 and filed May 19 — check the original filing for any timeliness designation.
Context This was a tax-withholding event tied to RSU vesting, sometimes called a "share surrender" or "net-share settlement." It is not an open-market sale and does not necessarily indicate a change in the insider’s view of the company. For retail investors, direct purchases are generally more indicative of bullish sentiment than withholding actions, which are routine administrative transactions.