Form 4: Leidos CFO Christopher Cage Reports Tax-Related Share Withholding
SEC Form 4 Filing
Christopher Cage, CFO of Leidos Holdings, Inc., reports the withholding of shares to cover tax obligations related to previously awarded restricted stock units.
Summary
- On August 6, 2024, Christopher Cage, the Chief Financial Officer of Leidos Holdings, Inc., had 272 shares of common stock withheld by the company to satisfy tax obligations.
- The withholding was related to previously reported awards of restricted stock units and was authorized in the restricted stock award agreement.
- Following the transaction, Cage directly owns 34,504 shares of Leidos common stock.
- Cage also indirectly owns 25,271.1072 shares through the Key Executive Stock Deferral Plan.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of share withholding transaction. |
| 08/07/2024 | Date of signature for the report. |
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