Form 4: Leidos CFO Christopher Cage Reports Changes in Beneficial Ownership

Christopher R. Cage, CFO of Leidos Holdings, Inc., reports acquisition of common stock through dividend equivalents and holdings in a Key Executive Stock Deferral Plan.

Summary

• On September 27, 2024, Christopher R. Cage, the Chief Financial Officer of Leidos Holdings, Inc., acquired 58.3015 shares of common stock due to dividend equivalents.
• These shares were acquired at a price of $0.
• Following the transaction, Cage directly owns 34,504 shares of Leidos common stock and indirectly owns 25,329.4087 shares through a Key Executive Stock Deferral Plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The acquisition of shares through dividend equivalents is a positive sign, but the overall sentiment is neutral.

Positives

• The acquisition of shares through dividend equivalents indicates a return of value to the executive.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The reported transactions provide transparency to shareholders regarding the CFO's stake in the company.
• The acquisition of shares through dividend equivalents can be seen as a positive sign for employee morale.

Key Dates