Compensation award — excluded from discretionary-purchase analysis.
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Insider tradesView the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership
Insider trade
Officer exercised or converted 1,043 TEL derivative securities
Traded May 15, 2026 · Filed May 18, 2026
- 1,043
- Derivative units
Why it stands out
Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
All the details
Dates, kept separate
- Transaction date
- May 15, 2026
- Reporting period
- Not applicable
- Filed with the SEC
- May 18, 2026
OfficerOption exercise
Context
- Classification
option exercise
Code M — exercise or conversion of a derivative security
- Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
- Record ID
- 0001225208-26-005435
Congressional trade