Form 4: Leidos CTO Gifts Shares Under Pre-Arranged Plan

Leidos Holdings, Inc.'s EVP and Chief Technology Officer, James F. Carlini, disposed of 1,053 shares of common stock as a gift, effective November 19, 2025, under a Rule 10b5-1 plan.

Summary

• James F. Carlini, Executive Vice President and Chief Technology Officer of Leidos Holdings, Inc. (LDOS), reported a change in beneficial ownership.
• Carlini disposed of 1,053 shares of Leidos common stock.
• The transaction occurred on November 19, 2025, and was categorized as a gift (Transaction Code G).
• The shares were disposed of at a price of $0.
• Following this transaction, Carlini directly beneficially owns 22,169 shares of Leidos common stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (a gift) and does not inherently indicate positive or negative sentiment about the company's performance or future prospects. The Rule 10b5-1 plan suggests it was pre-planned.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating it was pre-planned and potentially reducing concerns about opportunistic insider trading.

Negatives

• A reduction in direct beneficial ownership by a key executive, even if a gift, could be perceived as a minor negative by some investors, though the amount is relatively small compared to total holdings.

Future Outlook

NA

Industry Context

This is a routine insider transaction, common for executives in publicly traded companies, and does not directly relate to broader industry trends or competitive landscape beyond being a standard disclosure.

Stakeholder Impact

• Minimal. This is a small, pre-planned gift of shares by an executive, unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Recommendation

This Form 4 reports a routine, pre-planned gift of shares by an executive, which is not typically a strong indicator for investment decisions. The transaction itself does not provide new information about the company's operational performance or strategic direction to warrant a change from a 'hold' position.

Keywords

Leidos Holdings, LDOS, James F. Carlini, Insider Transaction, Form 4, Stock Gift, Executive Stock Ownership, Rule 10b5-1, Chief Technology Officer