Form 4: Leidos CFO Reports Tax Withholding and Dividend Rights

Leidos Holdings, Inc. CFO Christopher R. Cage reported routine tax-related share disposals and the acquisition of dividend equivalent rights.

Summary

• Christopher R. Cage, Chief Financial Officer of Leidos Holdings, Inc. (LDOS), reported transactions involving common stock.
• On March 3, 2026, 789 shares of common stock were disposed of at a price of $179.4 per share to satisfy tax obligations related to previously reported restricted stock units.
• On March 4, 2026, an additional 218 shares of common stock were disposed of at $180.65 per share for tax withholding purposes.
• Also on March 4, 2026, 21 shares of common stock were indirectly disposed of at $180.65 per share through the Key Executive Stock Deferral Plan for tax obligations.
• On March 4, 2026, 16.1956 shares of common stock were indirectly acquired at a price of $0 per share, representing dividend equivalent rights through the Key Executive Stock Deferral Plan.
• Following these transactions, Christopher R. Cage directly holds 57,479 shares and indirectly holds 31,679.7308 shares through the Key Executive Stock Deferral Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. The reported transactions are routine insider activities related to tax obligations and dividend equivalent rights, which do not typically indicate a significant positive or negative shift in company fundamentals or insider sentiment.

Positives

• Acquisition of 16.1956 shares of common stock through dividend equivalent rights, increasing indirect beneficial ownership.

Negatives

• Disposal of a total of 1,028 shares (789 direct, 218 direct, 21 indirect) to cover tax obligations, resulting in a reduction of direct and indirect holdings.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings from restricted stock unit vesting, are common and routine events in publicly traded companies. These transactions typically do not reflect a change in management's confidence in the company's prospects but rather a standard administrative process for equity compensation.

Stakeholder Impact

• Shareholders: The transactions represent a minor, routine adjustment in the beneficial ownership of a key executive, with no material impact on the overall share structure or company valuation.

Key Dates

Keywords

Leidos, LDOS, Form 4, Insider Transaction, CFO, Stock, Shares, Tax Withholding, Dividend Equivalent Rights, Beneficial Ownership