Robbins Edward Hutchinson Jr. 4
4 · TELOS CORP · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Telos (TLS) EVP Edward H. Robbins Jr. Receives Restricted Stock Awards
What Happened Edward H. Robbins Jr., EVP and General Counsel of Telos Corp (TLS), received equity awards on 2026-05-26: 92,225 restricted share units (RSUs) granted as time‑based awards and 138,337 performance‑based RSUs (reported as derivative awards). Both awards were granted at $0.00 per share (standard for RSU grants) and therefore show $0 cash paid on grant.
Key Details
- Transaction date(s): 2026-05-26 (filed with the SEC on 2026-05-27 — timely).
- Reported transaction codes: A = Award/Grant. Grant price reported as $0.00; total cash value on grant = $0.
- Shares acquired: 92,225 time‑based RSUs; 138,337 performance RSUs (derivative).
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnotes: Time‑based RSUs vest in three equal installments: 1/3 on 5/26/2027, 1/3 on 5/26/2028, and 1/3 on 5/26/2029 (subject to forfeiture). Performance RSUs vest only if Telos achieves a specified Total Shareholder Return vs. peers over 6/1/2026–5/31/2029.
- No sale or purchase occurred — these are grants, not open‑market trades.
Context RSUs are common executive compensation: time‑based RSUs convert to shares if the executive remains employed and meets vesting conditions; performance RSUs require achievement of specified metrics (here, relative TSR) before converting to shares. Because these are grants, they do not indicate buying/selling intent but increase potential future insider ownership if vesting conditions are met.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-26+92,225→ 652,313 total - Award
Performance-Based RSUs
[F2]2026-05-26+138,337→ 138,337 totalExp: 2029-05-31→ Common Stock (138,337 underlying)
- 15,904.64(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]These shares of common stock represent restricted share units granted pursuant to an award agreement between the reporting person and the Issuer and are subject to forfeiture. The restricted share units awarded will vest and be settled in shares of Issuer common stock in installments as follows: (1) one-third will vest on May 26, 2027; (2) one-third will vest on May 26, 2028; and (3) one-third will vest on May 26, 2029.
- [F2]Each performance-based RSU presents a contingent right to receive one share of Issuer common stock. The performance-based RSUs vest upon the Issuer's common stock achieving a certain Total Shareholder Return relative to certain of the Issuer's peers during the performance period of June 1, 2026 through May 31, 2029.