Form 4: Leidos Director Kovarik Exercises Options and Sells Shares
SEC Form 4 Filing
Director Robert C. Kovarik Jr. exercised stock options and sold shares of Leidos Holdings, Inc. on May 2, 2024.
Summary
- On May 2, 2024, Robert C. Kovarik Jr., a director of Leidos Holdings, Inc., exercised stock options to acquire 3,879 shares of common stock at a price of $70.64 per share.
- Following the exercise, Kovarik sold 1,952 shares at a weighted average price of $142.209, with individual sales ranging from $142.20 to $142.22.
- 1,927 shares were withheld by Leidos to cover the exercise price and associated fees.
- After these transactions, Kovarik directly owns 7,602 shares of Leidos common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reflecting routine transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing reflects routine transactions by a company insider and is typical for executives holding stock options as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 08/10/2019 | Date stock option was granted |
| 08/09/2025 | Expiration date of stock option |
| 05/02/2024 | Date of stock option exercise and share sale |
| 05/03/2024 | Date of Form 4 filing |
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