Telos (TLS) Director Derrick D. Dockery Sells 11,000 Shares

What Happened
Derrick D. Dockery, a director of Telos Corporation (TLS), sold 11,000 shares on August 12, 2026. The filing reports a weighted-average price of $4.34 per share, with total proceeds of approximately $47,740. This was a sale (not a purchase or option exercise), which is often a routine liquidity event and not by itself a clear signal about company prospects.

Key Details

• Transaction date: 2026-08-12 (reported on Form 4 filed 2026-08-13).
• Price: weighted average $4.34; shares sold in multiple trades at prices ranging from $4.28 to $4.37 (per footnote).
• Shares sold: 11,000; approximate proceeds: $47,740.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: Reporting person states the $4.34 is a weighted average; the seller will provide breakdown of number of shares sold at each separate price on request (Footnote F1).
• Timeliness: Filed one day after the trades (appears timely under Form 4 rules). No 10b5-1 plan, option exercise, gift, or tax-withholding notation was provided in the excerpt.

Context
Insider sales can be for many reasons (diversification, personal liquidity, estate planning) and do not necessarily indicate negative views about the company. Purchases tend to be more informative about insider confidence. If you want the exact per-trade breakdown, the footnote says the reporting person will provide those details to Telos, any shareholder, or the SEC staff upon request.