Form 4: Leidos Holdings Director Exercises Stock Options and Disposes of Shares

Robert S. Shapard, a director at Leidos Holdings, exercised stock options and disposed of shares to cover the exercise price and associated fees on May 2, 2024.

Summary

• On May 2, 2024, Robert S. Shapard, a director of Leidos Holdings, Inc., exercised stock options to acquire 4,788 shares of common stock at a price of $52.70 per share.
• Simultaneously, Shapard disposed of 1,775 shares to cover the exercise price and associated fees, with the shares being withheld by the issuer at a price of $142.19.
• Following these transactions, Shapard directly owns 53,225.08 shares of Leidos Holdings common stock.
• Additionally, Shapard indirectly owns 1,591.9359 shares through the Key Executive Stock Deferral Plan and 2,500 shares through a Family Limited Partnership.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency into the trading activities of company directors. It does not necessarily reflect broader industry trends but offers insight into individual executive decisions regarding their holdings in the company.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates