Form 4: Leidos Holdings CFO Christopher Cage Reports Acquisition of Common Stock

Christopher Cage, CFO of Leidos Holdings, reports acquiring common stock through a dividend equivalent rights transaction.

Summary

• Christopher R. Cage, the Chief Financial Officer of Leidos Holdings, Inc. (LDOS), filed a Form 4 with the SEC.
• The report details a transaction on June 28, 2024, where Mr. Cage acquired 62.5963 shares of common stock through dividend equivalent rights.
• The price of the acquired stock was $0.
• Following the transaction, Mr. Cage directly owns 34,776 shares of Leidos Holdings common stock and indirectly owns 25,271.1072 shares through a Key Executive Stock Deferral Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transaction itself is not indicative of strong positive or negative sentiment. It reflects standard compensation practices.

Positives

• The acquisition of shares by a key executive could be interpreted as a positive signal regarding the executive's confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their executives, providing transparency into insider transactions.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a key executive.

Key Dates