John B. Wood - Oct 20, 2025 Form 4 Insider Report for TELOS CORP (TLS)

Role: Chairman and CEO, Director
Signature: /s/ Helen M. Oh, attorney-in-fact
Stock symbol: TLS
Transactions as of: Oct 20, 2025
Transactions value $: -$2,851,609
Form type: 4
Date filed: 10/21/2025, 04:14 PM
Previous filing: Sep 5, 2025
Next filing: Dec 5, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Wood John B	Chairman and CEO, Director	C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN	/s/ Helen M. Oh, attorney-in-fact	2025-10-21	0001356849

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLS	Common Stock	Award	$0	+230K	+5.63%	$0.00	4.31M	Oct 20, 2025	Direct	F1
transaction	TLS	Common Stock	Options Exercise		+661K	+15.34%		4.97M	Oct 20, 2025	Direct	F2
transaction	TLS	Common Stock	Tax liability	-$2.85M	-402K	-8.08%	$7.10	4.57M	Oct 20, 2025	Direct	F3, F4
holding	TLS	Common Stock						1.7M	Oct 20, 2025	By LLC	F4
holding	TLS	Common Stock						194K	Oct 20, 2025	By 401(k) plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TLS	Performance-Based RSUs	Options Exercise	$0	-661K	-18.18%	$0.00	2.97M	Oct 20, 2025	Common Stock			Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person acquired these shares upon the vesting of certain performance stock units.
F2	Each performance-based RSU presents a contingent right to receive one share of Telos common stock. These performance-based RSUs vested and settled in shares of Telos common stock once Telos' common stock traded at or above $6.00 per share for 50 consecutive calendar days on the NASDAQ Global Market.
F3	Telos withheld 401,635 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.
F4	On August 12, 2024, it was erroneously reported that 158,644 shares were purchased and directly held by the reporting person. Those shares were actually purchased and held indirectly by JJJJJV, LLC, a limited liability company of which the reporting person is the manager and of which the reporting person and his spouse are the only members. The amounts reported correct amounts owned directly by the reporting person and indirectly by the JJJJJV, LLC, respectively as of the date of this report.