Form 4: Leidos Executive Sells Shares for Tax Obligations

Leidos Holdings, Inc. Sector President Stephen Edward Hull disposed of 525 shares of common stock across two transactions to satisfy tax obligations related to restricted stock unit awards.

Summary

• Stephen Edward Hull, Sector President of Leidos Holdings, Inc. (LDOS), reported two transactions involving the disposition of common stock.
• On March 3, 2026, 337 shares were disposed of at a price of $179.4 per share.
• On March 4, 2026, an additional 188 shares were disposed of at a price of $180.65 per share.
• These dispositions were made to satisfy tax obligations associated with previously reported restricted stock unit awards, as authorized by the award agreement.
• Following these transactions, Stephen Edward Hull beneficially owns 32,771.9809 shares of Leidos Holdings, Inc. common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary sale of shares to cover tax liabilities upon the vesting of restricted stock units, with no indication of a change in management's outlook or company fundamentals.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that this Form 4 filing reports a routine, non-discretionary insider transaction common when restricted stock units vest, as shares are withheld by the company to cover the executive's tax liabilities.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment thesis or company fundamentals.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax obligations related to restricted stock unit vesting. Such transactions are common and typically do not signal any change in the company's fundamentals or management's confidence, thus providing no new information to alter an existing investment thesis. A 'hold' recommendation is appropriate as there's no new catalyst for a 'buy' or 'sell'.

Keywords

Leidos Holdings, LDOS, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Stephen Edward Hull