Dockery Derrick D. 4

What Happened

• Derrick D. Dockery, a director of Telos Corp (TLS), sold 8,000 shares on May 28, 2026. The shares were disposed at $4.78 per share for total proceeds of $38,240. The filing lists the transaction as an open‑market or private sale (transaction code S), which is typically a routine sale rather than a company signal to buy.

Key Details

• Transaction date: 2026-05-28; Price: $4.78 per share; Shares sold: 8,000; Gross proceeds: $38,240.
• Transaction type: Sale (SEC Form 4, transaction code S — open market/private sale).
• Shares owned after transaction: Not specified in the information provided in this summary (check the full Form 4 for post‑transaction beneficial ownership).
• Filing date / timeliness: Reported on 2026-05-28 (same day as the reported transaction), indicating a timely filing.
• No footnotes, 10b5-1 plan, tax‑withholding, or other special handling were noted in the provided transaction details.

Context

• Sales by directors can be for many personal reasons (diversification, cash needs, planned transactions) and do not by themselves indicate a change in company fundamentals. For retail investors, purchases are generally a stronger signal of insider conviction than routine sales. Check the full Form 4 for ownership after the sale and any related notes before drawing conclusions.