Accepted (ET)
8:31 PM
Sep 11, 2026
Filed
Sep 11, 2026
Documents
1
Size
5.9 KB
Summary
Telos (TLS) CFO Gary Bendza Sells 25,461 Shares
What Happened
Gary Mark Bendza, EVP and Chief Financial Officer of Telos Corporation (TLS), reported an open-market sale of 25,461 shares on September 11, 2026. The reported weighted average price was $4.33 per share, for aggregate proceeds of approximately $110,246. The filing indicates the shares were sold in multiple transactions.
Key Details
- Transaction date: 2026-09-11 (reported on same date) — filing appears timely.
- Sale details: 25,461 shares sold; weighted average price $4.33; prices in the range $4.25 to $4.55 (per footnote).
- Shares owned after the transaction: Not disclosed in this filing.
- Footnote: The reported price is a weighted average; the seller says they can provide the exact number of shares sold at each price within the $4.25–$4.55 range upon request (footnote F1).
- No 10b5-1 plan, tax-withholding, or option-exercise notation is indicated in this report.
Context
Sales by executives can be routine (diversification, tax needs, or liquidity) and do not by themselves prove a change in company prospects. This report documents a straightforward open-market disposal by Telos’s CFO rather than a purchase or option exercise.