Terreri Donald Joseph 4
Research Summary
AI-generated summary
Telos (TLS) Controller Donald Terreri Receives 13,288 RSU Award
What Happened
- Donald Joseph Terreri, Controller and Chief Accounting Officer of Telos Corp (TLS), was granted 13,288 restricted share units (RSUs) on May 26, 2026. The award is reported as acquired at $0.00 (no cash paid). The RSUs are subject to forfeiture and will be settled in shares of common stock as they vest.
Key Details
- Transaction date: 2026-05-26; filing date: 2026-05-27 (Form 4 filed the next day).
- Grant type/code: Award/Grant (A); reported acquisition price: $0.00.
- Vesting: 1/3 of the RSUs vest on 5/26/2027, 1/3 on 5/26/2028, and 1/3 on 5/26/2029 (per footnote).
- Shares owned after transaction: not specified in the filing.
- No tax withholding, 10b5-1 plan, or sale reported in this filing.
Context
- RSU grants are a form of compensation and do not represent an open-market purchase or sale. They increase potential future dilution only when vested and settled into shares. This award does not, by itself, indicate insider buying or selling sentiment. Form 4 was filed within the typical two-business-day window, so the filing appears timely.