CFO Continues Insider Distribution with Another $910K Stock Sale
TLS sits 21% above its 52-week low of $3.785.
Summary
Telos CFO Gary Mark Bendza sold 200,000 shares for $910,000 on September 9, continuing a pattern of insider distribution that has seen $1.74M in open-market sales over the past 90 days with no insider buying.
Key Events · Ownership and Investor Activity · TLS
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CFO Sells $910K of Stock
Gary Mark Bendza sold 200,000 shares at $4.55 on September 9, 2026, for total proceeds of $910,000.
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Insider Distribution Pattern
This sale adds to $1.74M in open-market insider sales over the past 90 days with zero insider purchases, indicating consistent distribution.
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Post-Sale Holdings
Bendza retains 537,008 shares directly plus 10,721.58 shares indirectly through a 401k plan.
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Prior Sales Context
Bendza previously sold 250,000 shares for over $1M in June 2026, making this his second major sale in three months.
Analysis · TLS · Technology
CFO Gary Mark Bendza sold 200,000 shares at $4.55 on September 9, 2026, for $910,000. This follows his $1.08M sale in June and adds to a 90-day insider distribution pattern totaling $1.74M with zero open-market buys. The sale represents 0.264% of the company's market cap and reduces his direct holdings to 537,008 shares. While the company recently reported strong Q2 results and a $34.3M contract win, the persistent insider selling by the CFO and other officers suggests management is monetizing equity despite the positive operational news.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TLS was trading at $4.58 on NASDAQ in the Technology sector, with a market capitalization of approximately $344.5M. The 52-week trading range was $3.79 to $8.36. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.