Form 4: Leidos CFO Christopher Cage Reports Stock Transactions

Christopher Cage, CFO of Leidos Holdings, reports acquisition and disposal of company stock and derivative securities.

Summary

• On March 7, 2025, Christopher Cage, the CFO of Leidos Holdings, acquired 3,758 shares of common stock.
• These shares were acquired at a price of $0.
• Following this transaction, Cage directly owns 47,649 shares of common stock.
• On the same day, Cage also acquired 3,758 shares of common stock indirectly through the Key Executive Stock Deferral Plan, bringing his indirect holdings to 29,151.0469 shares.
• On March 8, 2025, Cage disposed of 696 shares of common stock at a price of $139.24.
• This disposal was to cover tax obligations related to previously reported restricted stock units, leaving him with 46,953 directly held shares.
• Cage also acquired 11,763 stock options with an exercise price of $133.06, exercisable starting March 7, 2026, and expiring on March 6, 2032.
• Following the reported transactions, Cage directly owns 11,763 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CFO, trade in their company's stock. It provides transparency to the market regarding the transactions of company executives.

Stakeholder Impact

• The reported transactions provide transparency to shareholders regarding the CFO's holdings and trading activity.
• The disposal of shares to cover tax obligations may have a minor impact on the stock price.

Key Dates