Form 4: Leidos Holdings Director Shapard Acquires Additional Shares Through Dividend Equivalent Rights

Director Robert S. Shapard reports acquisition of Leidos Holdings shares through dividend equivalent rights, increasing his beneficial ownership.

Summary

• On December 31, 2024, Robert S. Shapard, a director of Leidos Holdings, Inc., acquired 4.4699 shares of common stock through dividend equivalent rights.
• The acquisition was made under Transaction Code 'A', indicating an acquisition.
• Following the transaction, Shapard's direct holdings include 54,137.08 shares of common stock.
• He also indirectly owns 1,604.3442 shares through a Key Executive Stock Deferral Plan and 2,500 shares through a Family Limited Partnership.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. The director's increased stake could be seen as mildly positive, but it's primarily a procedural update.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased investment in the company.

Key Dates