Form 4: Leidos Holdings CFO Christopher Cage Reports Share Withholding for Tax Obligations and Corrects Previous Filing Errors
SEC Form 4 Filing
Christopher Cage, CFO of Leidos Holdings, reports share withholding to cover tax obligations and corrects minor errors in a previous Form 4 filing.
Summary
- On March 5, 2025, Leidos Holdings withheld 130 shares of common stock from Christopher Cage, the Chief Financial Officer, to satisfy tax obligations related to previously reported restricted stock units at a price of $132.22 per share.
- Following this transaction, Cage directly owns 43,891 shares of Leidos Holdings common stock.
- Cage also indirectly owns 25,393.0469 shares through the Key Executive Stock Deferral Plan.
- The filing also corrects administrative errors in a previous Form 4 filed on March 5, 2024, regarding the number of shares withheld.
- The total number of shares of common stock held following the transactions reported on the March 5, 2025, Form 4 is accurately reflected in the table.
Sentiment
Score: 7
Explanation: The document reflects standard executive compensation practices and corrections of minor administrative errors, indicating a neutral to slightly positive sentiment as it demonstrates transparency and adherence to regulatory requirements.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The share withholding has a minor impact on the overall share count.
- The correction of the previous filing error ensures accurate information for investors.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of the original Form 4 filing that contained administrative errors. |
| 03/05/2025 | Date of the share withholding transaction and the corrected Form 4 filing. |
| 03/07/2025 | Date of signature for the Form 4 filing. |
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