Robbins Edward Hutchinson Jr. 4

What Happened Robbins Edward Hutchinson Jr., EVP and General Counsel of Telos Corp (TLS), received an award of 103,014 restricted stock units (RSUs) on 2026-03-18 (reported as an acquisition at $0.00). On 2026-03-19 the company withheld 50,529 of those shares to satisfy the reporting person's tax withholding obligation; the withheld shares are reported at $4.27 each, representing $215,759. The filing notes no sale to a third party — this was a tax withholding (code F), not an open-market sale.

Key Details

• Award date: 2026-03-18 — 103,014 RSUs granted @ $0.00 (acquisition, code A).
• Withholding date: 2026-03-19 — 50,529 shares withheld @ $4.27 each = $215,759 (tax withholding, code F).
• Filing date / timeliness: Form 4 filed 2026-03-20, reported within the typical two-business-day window for Form 4 reporting.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Company withheld shares to satisfy tax withholding; the reporting person did not sell shares to a third party.

Context RSU grants are compensation awards, not purchases — they increase insider ownership when vested but do not signal an open-market purchase. Using company stock to cover taxes (share withholding/net settlement) is a common administrative step and is reported as a disposition (code F) even though no cash sale occurred. For retail investors, awards provide information about executive compensation and potential future dilution; the withholding itself is routine and does not by itself indicate a change in the insider’s market view.