Form 4: Leidos Holdings Director Robert Shapard Increases Stake Through Dividend Reinvestment

Leidos Holdings, Inc. Director Robert S. Shapard acquired 4.1343 shares of common stock through dividend equivalent rights, increasing his total beneficial ownership to 61,191.2883 shares.

Summary

• Robert S. Shapard, a Director of Leidos Holdings, Inc. (LDOS), acquired 4.1343 shares of common stock.
• The acquisition occurred on June 30, 2025, at a price of $0 per share, indicating it was through dividend equivalent rights.
• Following this transaction, Mr. Shapard's total beneficial ownership in Leidos Holdings, Inc. is 61,191.2883 shares.
• His beneficial ownership is held directly (57,078.08 shares), indirectly through a Key Executive Stock Deferral Plan (1,613.2083 shares), and indirectly through a Family Limited Partnership (2,500 shares).

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a director, even a small amount via dividend reinvestment, generally indicates confidence in the company's prospects.

Positives

• A director acquired additional shares, which can signal confidence in the company's future performance.
• The acquisition was through dividend equivalent rights, indicating a reinvestment of earnings back into the company's stock.

Negatives

• No negative information is directly discernible from this Form 4 filing, which reports an acquisition.

Risks

• No specific risks are detailed in this Form 4 filing, as it primarily reports changes in insider beneficial ownership.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Management Comments

• No direct management comments or quotes are included in this Form 4 filing.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Comparison to Industry Standards

• Not applicable, as this document reports a specific insider transaction rather than company performance metrics that can be benchmarked against industry standards.

Related Party Transactions

• The filing indicates indirect beneficial ownership through a Family Limited Partnership, which is a common structure for insider holdings.

Stakeholder Impact

• Shareholders: May view the director's acquisition as a positive signal of confidence in the company's future.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific insider transaction.

Next Steps

• No specific future actions, events, or milestones are detailed in this Form 4 filing.

Key Dates

Keywords

Leidos Holdings, LDOS, Form 4, insider trading, beneficial ownership, stock acquisition, director, Robert S. Shapard, dividend equivalent rights