TELOS CORP·4

Mar 19, 7:03 PM ET

Robbins Edward Hutchinson Jr. 4

Research Summary

AI-generated summary

Updated

Telos (TLS) EVP Robbins Edward Hutchinson Jr. Sells 101,623 Shares

What Happened

  • Robbins Edward Hutchinson Jr., EVP and General Counsel of Telos Corporation (TLS), sold a total of 101,623 shares in open-market transactions. On 2026-03-17 he sold 37,096 shares at a weighted average price of $4.01 for proceeds of $148,755; on 2026-03-18 he sold 64,527 shares at a weighted average price of $4.02 for proceeds of $259,399. Total reported proceeds are about $408,154. These are sales (disposals), which are often routine insider liquidity events rather than bullish signals.

Key Details

  • Transaction dates and reported weighted-average prices:
    • 2026-03-17: 37,096 shares at $4.01 (proceeds $148,755). Footnote F1: sales occurred across prices $4.00–$4.05.
    • 2026-03-18: 64,527 shares at $4.02 (proceeds $259,399). Footnote F2: sales occurred across prices $4.00–$4.06.
  • Total shares sold: 101,623; total proceeds: ≈ $408,154.
  • Shares owned after the transactions: not specified in the provided filing details.
  • Filing timeliness: Report period 2026-03-17; Form filed 2026-03-19 — appears filed promptly (no late filing flag).
  • Footnotes indicate the reported prices are weighted averages and the reporting person can provide a per-transaction price breakdown on request.

Context

  • These were open-market sales by an executive officer, a common way for insiders to raise cash or diversify; sales do not necessarily indicate a change in company outlook. Robbins is an executive (not identified here as a 10% owner), so this is executive trading rather than institutional/insider control activity.