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NASDAQ: TLS TELOS CORP 8-K

Telos stockholders elect seven directors, approve 5.4M share equity plan expansion

Filed May 7, 2026 · Period ending May 7, 2026 · ~1 min read

Key Changes

  • medium

    Stockholders approved Amendment No. 2 to the 2016 equity incentive plan, adding 5,380,000 shares for future grants with 89.4% support (49,009,338 for, 5,837,559 against). Expands the company's capacity for employee and executive equity compensation.

  • medium

    All seven director nominees elected to serve until 2027 annual meeting. Support ranged from 80.5% (David Borland, 10,697,281 withheld) to 97.0% (Fredrick D. Schaufeld, 1,639,801 withheld). Borland's elevated withhold rate may reflect stockholder concerns.

  • low

    Stockholders approved executive compensation on advisory basis with 97.0% support (53,192,697 for, 1,649,451 against, 28,207 abstentions), indicating satisfaction with pay practices.

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Source-verified from EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify