Form 4: Leidos CFO Exercises Stock Options, Disposes of Shares to Cover Costs

Christopher R. Cage, CFO of Leidos Holdings, Inc., exercised stock options and disposed of shares to cover the exercise price and associated fees on February 13, 2025.

Summary

• On February 13, 2025, Christopher R. Cage, the Chief Financial Officer of Leidos Holdings, Inc., exercised stock options to acquire 2,419 shares of common stock at a price of $63.76 per share.
• Simultaneously, Mr. Cage disposed of 1,710 shares of common stock at a price of $136.85 to cover the exercise price and associated fees related to the option exercise.
• Following these transactions, Mr. Cage directly owns 45,028 shares of Leidos common stock.
• Mr. Cage also indirectly owns 25,397.4828 shares through the Key Executive Stock Deferral Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock option exercises and share disposals, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among executives who receive stock options as part of their compensation. These transactions are closely monitored by investors for insights into management's view of the company's prospects.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine exercise of stock options and sale of shares to cover costs.

Key Dates