Form 4: Leidos Holdings Executive Cindy Gruensfelder Reports Stock Transactions

Cindy Gruensfelder, a Sector President at Leidos Holdings, reported the acquisition and disposal of common stock and stock options.

Summary

• On March 7, 2025, Cindy Gruensfelder acquired 7,516 shares of common stock and disposed of 545 shares on March 8, 2025, at a price of $139.24.
• Following these transactions, Gruensfelder directly owns 19,267 shares of Leidos Holdings common stock.
• Gruensfelder also acquired 9,149 stock options with an exercise price of $133.06, exercisable in installments starting March 7, 2026, and expiring on March 6, 2032.
• The 7,516 shares were acquired as restricted stock units that will vest in full three years from the grant date.
• The 545 shares were withheld by the company to satisfy the reporting person's tax obligation associated with previously reported awards of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Future Outlook

The restricted stock units will vest in full three years from the grant date, and the options vest and become exercisable in 33 1/3% over three annual installments, beginning on March 7, 2026.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock movements.

Key Dates