Robbins Edward Hutchinson Jr. 4

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.