Telos Corporation

Introduction

This page provides a comprehensive analysis of the known insider trading history of Wright Jefferson V.. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

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Companies with Reported Insider Positions

The SEC filings indicate Wright Jefferson V. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:TLS / Telos Corporation EVP, General Counsel 78,697
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Wright Jefferson V.. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases TLS / Telos Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in TLS / Telos Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TLS / Telos Corporation Insider Trades
Insider Sales TLS / Telos Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in TLS / Telos Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2021-04-01 TLS Wright Jefferson V. 102,285 33.0000 102,285 33.0000 3,375,405 349 9.1100 -2,443,589 -72.39
2021-04-01 TLS Wright Jefferson V. 140,000 33.0000 140,000 33.0000 4,620,000
2021-04-01 TLS Wright Jefferson V. 105,000 33.0000 105,000 33.0000 3,465,000

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TLS / Telos Corporation Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Wright Jefferson V. as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2022-02-01 2022-01-31 4 TLS TELOS CORP
Common Stock 		A - Award 5,163 78,697 7.02
2022-01-24 2022-01-21 4 TLS TELOS CORP
Common Stock 		F - Taxes -12,226 73,534 -14.26 12.72 -155,515 935,352
2021-11-05 2021-11-05 4 TLS TELOS CORP
Common Stock 		S - Sale X -11,000 55,000 -16.67 26.17 -287,870 1,439,350
2021-11-05 2021-11-05 4 TLS TELOS CORP
Common Stock 		S - Sale X -14,000 85,760 -14.03 26.17 -366,380 2,244,339
2021-10-22 2021-10-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -11,000 66,000 -14.29 26.99 -296,890 1,781,340
2021-10-22 2021-10-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -14,000 99,760 -12.31 26.99 -377,860 2,692,522
2021-10-12 2021-10-07 4 TLS TELOS CORP
Common Stock 		S - Sale X -11,000 77,000 -12.50 28.00 -308,000 2,156,000
2021-10-12 2021-10-07 4 TLS TELOS CORP
Common Stock 		S - Sale X -14,000 113,760 -10.96 28.00 -392,000 3,185,280
2021-09-17 2021-09-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -1,387 88,000 -1.55 33.60 -46,603 2,956,800
2021-09-17 2021-09-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -9,613 89,387 -9.71 32.89 -316,172 2,939,938
2021-09-17 2021-09-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -1,871 127,760 -1.44 33.58 -62,828 4,290,181
2021-09-17 2021-09-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -12,129 129,631 -8.56 32.88 -398,802 4,262,267
2021-09-09 2021-09-07 4 TLS TELOS CORP
Common Stock 		S - Sale X -11,000 99,000 -10.00 34.10 -375,100 3,375,900
2021-09-09 2021-09-07 4 TLS TELOS CORP
Common Stock 		S - Sale X -14,000 141,760 -8.99 34.10 -477,400 4,834,016
2021-08-23 2021-08-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -11,000 110,000 -9.09 28.00 -308,000 3,080,000
2021-08-23 2021-08-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -14,000 155,760 -8.25 28.00 -392,000 4,361,280
2021-08-06 2021-08-05 4 TLS TELOS CORP
Common Stock 		S - Sale X -11,000 121,000 -8.33 28.39 -312,290 3,435,190
2021-08-06 2021-08-05 4 TLS TELOS CORP
Common Stock 		S - Sale X -14,000 169,760 -7.62 28.39 -397,460 4,819,486
2021-07-21 2021-07-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -2,837 132,000 -2.10 28.51 -80,883 3,763,320
2021-07-21 2021-07-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -8,163 134,837 -5.71 28.07 -229,135 3,784,875
2021-07-21 2021-07-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -3,408 183,760 -1.82 28.52 -97,196 5,240,835
2021-07-21 2021-07-20 4 TLS TELOS CORP
Common Stock 		S - Sale X -10,592 187,168 -5.36 28.07 -297,317 5,253,806
2021-07-16 2021-07-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -4,241 143,000 -2.88 30.60 -129,775 4,375,800
2021-07-16 2021-07-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -12,759 147,241 -7.97 30.06 -383,536 4,426,064
2021-07-16 2021-07-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -6,330 197,760 -3.10 30.60 -193,698 6,051,456
2021-07-16 2021-07-15 4 TLS TELOS CORP
Common Stock 		S - Sale X -16,670 204,090 -7.55 30.05 -500,934 6,132,904
2021-07-09 2021-07-08 4 TLS TELOS CORP
Common Stock 		S - Sale X -9,000 160,000 -5.33 31.15 -280,350 4,984,000
2021-07-09 2021-07-08 4 TLS TELOS CORP
Common Stock 		S - Sale X -26,000 169,000 -13.33 31.16 -810,160 5,266,040
2021-07-09 2021-07-08 4 TLS TELOS CORP
Common Stock 		S - Sale X -11,000 220,760 -4.75 31.15 -342,650 6,876,674
2021-07-09 2021-07-08 4 TLS TELOS CORP
Common Stock 		S - Sale X -34,000 231,760 -12.79 31.15 -1,059,100 7,219,324
2021-04-05 2021-04-01 4 TLS TELOS CORP
Common Stock 		S - Sale -105,000 195,000 -35.00 33.00 -3,465,000 6,435,000
2021-04-05 2021-04-01 4 TLS TELOS CORP
Common Stock 		S - Sale -140,000 260,000 -35.00 33.00 -4,620,000 8,580,000
2021-04-05 2021-04-01 4 TLS TELOS CORP
Common Stock 		S - Sale -102,285 265,760 -27.79 33.00 -3,375,405 8,770,080
2021-02-01 2021-01-28 4 TLS TELOS CORP
Performance-Based RSUs 		A - Award 33,971 33,971
2021-02-01 2021-01-28 4 TLS TELOS CORP
Common Stock 		A - Award 50,000 368,045 15.72
2021-02-01 2021-01-28 4 TLS TELOS CORP
Common Stock 		A - Award 33,971 318,045 11.96
2020-12-29 2020-12-28 4 TLS TELOS CORP
Common Stock 		G - Gift 300,000 300,000
2020-12-29 2020-12-28 4 TLS TELOS CORP
Common Stock 		G - Gift -300,000 0 -100.00
2020-12-23 2020-12-21 4 TLS TELOS CORP
Common Stock 		G - Gift 300,000 300,000
2020-12-23 2020-12-21 4 TLS TELOS CORP
Common Stock 		G - Gift -300,000 284,074 -51.36
2020-11-13 2020-11-12 4 TLSRP TELOS CORP
Common Stock 		G - Gift 400,000 400,000
2020-11-13 2020-11-12 4 TLSRP TELOS CORP
Common Stock 		G - Gift -400,000 584,073 -40.65
2017-05-15 2017-05-11 4 tlsrp TELOS CORP
Class A Common Stock 		A - Award 240,000 1,240,000 24.00
2016-02-12 2015-12-22 4 tlsrp TELOS CORP
Class A Common Stock 		I - Other 5,012 10,294 94.89 0.24 1,203 2,471
2013-04-01 2013-03-28 4 tlsrp TELOS CORP
Class A Common Stock 		A - Award 1,000,000 1,000,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)