Form 4: Leidos Holdings Director Mohapatra Exercises Options and Sells Shares
SEC Form 4
Director Surya N. Mohapatra exercised stock options and sold shares of Leidos Holdings, Inc. on November 7, 2024.
Summary
- On November 7, 2024, Surya N. Mohapatra, 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.
- Simultaneously, Mohapatra sold 2,748 shares of common stock at a weighted average price of $194.9724, with individual sales ranging from $194.84 to $195.06.
- The transactions resulted in Mohapatra holding 20,001 shares of Leidos Holdings, Inc. common stock following the reported transactions.
- 1,322 shares were withheld by the issuer to cover the exercise price and associated fees.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Key Dates
| Date | Description |
|---|---|
| 04/26/2019 | Date the stock option was granted. |
| 11/07/2024 | Date of the stock option exercise and share sale. |
| 11/12/2024 | Date of the Form 4 filing. |
| 05/10/2025 | Expiration date of the stock option. |
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