Jacobs Bradley W. 4
4 · TELOS CORP · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Telos (TLS) Director Bradley W. Jacobs Sells 55,772 Shares
What Happened
Bradley W. Jacobs, a director of Telos Corporation (TLS), sold 55,772 shares in open-market transactions on June 22, 2026. The filing reports a weighted-average price of $4.31 per share for total proceeds of approximately $240,377. The sale is coded as a disposition (S), i.e., a sale of already-held shares.
Key Details
- Transaction date: June 22, 2026 (reported on Form 4 filed June 24, 2026).
- Price: Weighted average $4.31 per share; footnote states trades ranged from $4.21 to $4.56.
- Shares sold: 55,772; proceeds ≈ $240,377.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: F1 notes multiple transactions and that Jacobs will provide a breakdown of the number of shares sold at each price on request.
- Plan/intent: No 10b5-1 plan, gift, or option exercise is indicated in the filing excerpt.
- Timeliness: Filed within the SEC’s two-business-day Form 4 window (not reported late).
Context: This is an outright open-market sale by a company director. Sales are common and can reflect many reasons (cash needs, diversification, routine selling) and do not by themselves indicate a change in company prospects. Purchases generally carry more explicit bullish signals; here, the filing simply documents a routine director sale.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-22$4.31/sh−55,772$240,377→ 166,612 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.21 to $4.56, inclusive. The reporting person undertakes to provide Telos Corporation, any security holder of Telos Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in these footnotes.