Bendza Gary Mark 4

What Happened Gary Mark Bendza, Executive Vice President and Chief Financial Officer of Telos Corp (TLS), received a grant of 109,703 restricted stock units (RSUs) on 2026-03-18 (reported as an award at $0.00 per share). On 2026-03-19, 49,477 of those shares were withheld to satisfy the reporting person's tax withholding obligation at an implied value of $4.27 per share, totaling approximately $211,267. The filing indicates the withheld shares were not sold to any third party.

Key Details

• Transaction dates: Grant on 2026-03-18 (award), withholding on 2026-03-19 (tax withholding).
• Award: 109,703 RSUs granted (reported acquisition, $0.00 per share on grant).
• Withheld: 49,477 shares withheld at $4.27 per share to cover taxes (disposition value ≈ $211,267).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Company withheld shares to satisfy tax obligations; no open-market sale occurred.
• Filing: Report filed 2026-03-20 covering the 3/18–3/19 events — appears timely.

Context This was an RSU vesting and tax-withholding event, not an open-market purchase or sale. Tax withholding of vested equity is a routine administrative action that reduces the number of shares the insider receives; it does not necessarily indicate a change in the insider’s market view. For retail investors, awards signal compensation and alignment with company performance but are not the same signal as a voluntary purchase.