Schaufeld Fredrick 4
Research Summary
AI-generated summary
Telos (TLS) Director Fredrick Schaufeld Receives Restricted Stock Award
What Happened Fredrick Schaufeld, a director of Telos Corp (TLS), received a grant of 34,091 restricted share units (RSUs) on May 26, 2026. The reported acquisition price is $0.00 per unit (total reported value $0), reflecting an equity award rather than a cash purchase.
Key Details
- Transaction type: Award/Grant (code A).
- Transaction date: 2026-05-26; Form 4 filed 2026-05-27 (timely filing).
- Shares/units granted: 34,091 restricted share units (RSUs) at $0.00 per unit.
- Shares owned after the transaction: Not specified in the filing.
- Footnote: These RSUs are subject to forfeiture and will vest and be settled in Issuer common stock on May 26, 2028 (see footnote F1).
Context This was a grant of restricted share units (a deferred equity award), not an open-market purchase or sale. RSU grants are common compensation for directors and typically vest over time; they do not represent immediately tradable shares until vested and settled. The filing shows no immediate cash exchange or sale.