Cooke Malcolm G. 4
4 · TELOS CORP · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Telos (TLS) VP Malcolm G. Cooke Receives Award of 18,806 Shares
What Happened
Malcolm G. Cooke, Vice President and Chief Information Technology Officer at Telos Corp (TLS), received an award of 18,806 shares on 2026-02-02 upon vesting of performance share units. To satisfy tax withholding on the vesting event, Telos withheld 6,658 shares valued at $5.53 each, totaling $36,819. Net shares added to his position from this vesting were 12,148 (18,806 awarded minus 6,658 withheld). This was an award/vesting event (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-02; Form 4 filed 2026-02-04 (appears timely).
- Award (code A): 18,806 shares acquired at $0.00 (vested performance share units).
- Tax withholding (code F): 6,658 shares disposed/withheld at $5.53 = $36,819; reporting person did not sell shares to a third party.
- Net new shares received: 12,148.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 — shares were acquired upon vesting of performance share units. F2 — Telos withheld shares to satisfy tax obligations; no third‑party sale occurred.
Context
This was a routine vesting of performance-based equity compensation. Withholding shares to cover taxes is a common, cashless mechanism and does not necessarily indicate any insider view on company prospects. Because this was an award rather than a purchase or open-market sale, it primarily reflects compensation vesting rather than a directional trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-02+18,806→ 116,143.091 total - Tax Payment
Common Stock
[F2]2026-02-02$5.53/sh−6,658$36,819→ 109,485.091 total
- 10,035.26(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]The reporting person acquired these shares upon the vesting of certain performance share units.
- [F2]Telos withheld 6,658 shares of its common stock to satisfy the reporting person's tax withholding obligation resulting from the vesting of the performance stock units. The reporting person did not sell any shares of Telos stock to a third party as part of this transaction.