Dockery Derrick D. 4

What Happened
Derrick D. Dockery, a director of Telos Corporation (TLS), disposed of 18,000 shares on May 14, 2026. The Form 4 reports a weighted-average sale price of $4.14 per share, for total proceeds of $74,520. The filing indicates the shares were sold in multiple transactions (sale code S), so this is a sale (a disposition), not a purchase or option exercise.

Key Details

• Transaction date: May 14, 2026; Form 4 filed May 15, 2026 (appears timely).
• Shares sold: 18,000; reported weighted-average price: $4.14; total proceeds: $74,520.
• Price range: Footnote F1 states sales occurred at prices between $4.10 and $4.16; the weighted average is reported as $4.14. The filer offers to provide a per-price breakdown on request.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: F1 explains the reported price is a weighted average and the shares were sold in multiple transactions across the stated price range.

Context
This was a straight sale by a company director. Sales by insiders can occur for many reasons (taxes, diversification, personal needs) and do not by themselves indicate company outlook. For retail investors, purchases can be a stronger signal of insider confidence; this filing documents a routine disposition without additional context.