Form 4: Leidos Holdings Director Gary Stephen May Reports Stock Option Exercise and Share Sales
SEC Form 4 Filing
Director Gary Stephen May exercised stock options and sold shares of Leidos Holdings, Inc. on February 18, 2025.
Summary
- On February 18, 2025, Gary Stephen May, a director of Leidos Holdings, Inc., exercised stock options to acquire 4,070 shares of common stock at a price of $63.08 per share.
- Following the exercise, 1,942 shares were withheld by Leidos to cover the exercise price and associated fees.
- May also sold 2,128 shares of common stock at a weighted average price of $131.24, with individual sales ranging from $130.99 to $131.53.
- After these transactions, May directly owns 11,264 shares of Leidos common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 04/26/2019 | Date the Stock Option became exercisable |
| 02/18/2025 | Date of stock option exercise and share sales |
| 02/19/2025 | Date of signature on the Form 4 filing |
| 05/10/2025 | Expiration date of the Stock Option |
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