Form 4: Leidos Holdings Executive Acquires Stock Options
SEC Form 4 Filing
Mary Vicki Schmanske, Sector President at Leidos Holdings, acquired 8,814 stock options on March 8, 2024, exercisable starting March 8, 2025.
Summary
- Mary Vicki Schmanske, a Sector President at Leidos Holdings, Inc., filed a Form 4 on March 12, 2024.
- The form reports a transaction that occurred on March 8, 2024, where Ms. Schmanske acquired 8,814 stock options.
- The exercise price of these options is $129.79.
- The options vest in three annual installments, beginning on March 8, 2025, and expire on March 7, 2031.
- Following the reported transaction, Ms. Schmanske directly owns 8,814 derivative securities (stock options).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock option grant. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock option grants to a company executive, which is a common practice in publicly traded companies to incentivize and retain key personnel. It provides transparency into executive compensation and alignment with shareholder interests.
Stakeholder Impact
- The stock option grant aligns the executive's interests with those of the shareholders, incentivizing them to increase the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Acquisition of stock options. |
| 03/08/2025 | First vesting date for the stock options (33 1/3%). |
| 03/07/2031 | Expiration date of the stock options. |
| 03/12/2024 | Date of Form 4 filing. |
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