Dockery Derrick D. 4

What Happened
Derrick D. Dockery, a director of Telos Corp (TLS), reported the sale of 7,000 shares on June 24, 2026. The transaction was reported at $4.36 per share for a total proceeds of $30,520 and is described on the Form 4 as an "open market or private sale" (transaction code S). A sale is a disposition of shares and, unlike purchases, is generally considered routine and not necessarily indicative of the insider's view on the company's prospects.

Key Details

• Transaction date: June 24, 2026; filing date: June 26, 2026 (filed within the typical two-business-day Form 4 window).
• Price per share: $4.36; total proceeds: $30,520.
• Transaction type/code: Sale (S) — reported as "open market or private sale."
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the provided data.

Context
Sales by directors are common and can reflect many reasons (diversification, liquidity needs, pre-planned dispositions) rather than a judgment on fundamentals. Retail investors should note that purchases generally convey a clearer positive signal than isolated sales. This Form 4 appears to have been filed timely; no late-filing flag was indicated in the provided filing details.