Form 4: Leidos Holdings CEO Thomas Bell Acquires Stock Options
SEC Filing
Leidos Holdings CEO Thomas Arthur Bell acquired 38,407 stock options on March 8, 2024, exercisable starting March 8, 2025.
Summary
- Thomas Arthur Bell, CEO of Leidos Holdings, Inc., filed a Form 4 on March 12, 2024, reporting a transaction.
- On March 8, 2024, Bell acquired 38,407 stock options with an exercise price of $129.79.
- These options vest in three annual installments beginning on March 8, 2025, and expire on March 7, 2031.
- Following the transaction, Bell directly owns 38,407 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral event. The CEO acquiring stock options is a common practice and doesn't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge management's sentiment and confidence in the company's future prospects.
Stakeholder Impact
- The acquisition of stock options by the CEO could potentially align his interests more closely with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: CEO acquired stock options. |
| 03/08/2025 | First vesting date for the stock options. |
| 03/07/2031 | Expiration date of the stock options. |
| 03/12/2024 | Date Form 4 was filed. |
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