Jacobs Bradley W. 4

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.