Form 4: Leidos Holdings Director Susan M. Stalnecker Exercises Stock Options, Disposes of Shares to Cover Costs

Director Susan M. Stalnecker exercised stock options and disposed of shares of Leidos Holdings, Inc. to cover the exercise price and associated fees on February 18, 2025.

Summary

• On February 18, 2025, Susan M. Stalnecker, a director of Leidos Holdings, Inc., exercised stock options to acquire common stock.
• The transactions involved the exercise of options at prices of $63.08, $75.02, $103.90, $104.06 and $79.45.
• A total of 13,593 shares were acquired through option exercises.
• 8,278 shares were withheld by Leidos to cover the exercise price and associated fees at a price of $132.26.
• Following these transactions, Stalnecker directly owns 20,985 shares of Leidos common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction; director exercising options is generally a positive sign, but selling shares to cover costs is a standard practice.

Positives

• The exercise of stock options by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Negatives

• The disposal of shares to cover the exercise price and fees could be interpreted as a slight negative, although it's a common practice.

Risks

• There are no specific risks highlighted in this document, as it primarily details stock option exercises and share disposals.

Industry Context

This is a routine filing related to insider transactions and doesn't necessarily reflect broader industry trends.

Comparison to Industry Standards

• Stock option exercises and subsequent share disposals to cover costs are standard practice among executives in publicly traded companies.
• Comparable companies such as Booz Allen Hamilton and General Dynamics also see similar filings from their executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it's a routine insider transaction.

Key Dates