Telos amends bylaws: board sets director pay, stockholders gain repeal power

TELOS CORP

Board, not Audit Committee, now sets director compensation (Section 11, Article III).
Stockholders can adopt, alter or repeal bylaws by majority vote (Article XIV).
Amendments effective November 7, 2023; Fourth Amended and Restated Bylaws filed.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

TELOS CORP: Amended Bylaws to delegate director compensation authority to the Board and give stockholders power to adopt or repeal Bylaws (effective 2023-11-07).

Change: bylaw amendment
Effective: 2023-11-07

Exact text from the filing

On November 7, 2023, the Board of Directors (the “Board”) of Telos Corporation (the “Company) amended and restated the Company’s Bylaws effective as of November 7, 2023.

View on SEC.gov

89 governance changes filed in the last 30 days. Browse all governance changes →

TELOS CORP filing history →

Source: SEC EDGAR

accession 0000320121-23-000055

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.