Form 4: Leidos CHRO Sells Shares for Tax Obligations

Leidos Holdings, Inc.'s Chief Human Resources Officer, Leslie K. Fautsch, disposed of 115 shares of common stock to cover tax liabilities from restricted stock unit awards.

Summary

• Leslie K. Fautsch, Chief Human Resources Officer of Leidos Holdings, Inc. (LDOS), reported two transactions involving the disposition of common stock.
• On March 3, 2026, 74 shares were disposed of at a price of $179.4 per share.
• On March 4, 2026, an additional 41 shares were disposed of at a price of $180.65 per share.
• These dispositions, totaling 115 shares, were executed to satisfy tax obligations related to previously awarded restricted stock units, as authorized by the restricted stock award agreement.
• Following these transactions, Leslie K. Fautsch beneficially owns 18,763 shares of Leidos Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation and tax obligations, with no material impact on the company's operational or financial outlook.

Positives

• The transactions represent a routine and expected event related to the vesting of previously awarded restricted stock units, indicating the executive's continued equity compensation.

Negatives

• No direct negative implications are apparent from this routine tax-related disposition.

Risks

• No specific risks are mentioned in this filing.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

StockSavvy.ai notes that tax-related dispositions of shares by executives are a common and routine occurrence in publicly traded companies, typically associated with the vesting of equity compensation such as restricted stock units. This transaction does not indicate any specific industry trend or competitive action.

Comparison to Industry Standards

• This type of transaction, where shares are withheld to cover tax liabilities upon the vesting of restricted stock units, is a standard practice across industries for executive compensation plans.
• It aligns with common global benchmarks for managing equity awards. No specific comparable companies or projects are relevant for this routine administrative event.

Related Party Transactions

• The transaction involves an executive (Leslie K. Fautsch) and the company (Leidos Holdings, Inc.) for tax withholding related to compensation, which is a standard related-party dealing in this context.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related disposition and not a discretionary sale. The executive retains a significant number of shares.
• Employees: No direct impact on general employees.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Keywords

Leidos Holdings, LDOS, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, executive compensation, Leslie K. Fautsch