Form 4: Leidos Holdings Executive Elizabeth A. Porter Reports Stock Transaction

Sector President Elizabeth A. Porter of Leidos Holdings, Inc. reports a transaction involving the withholding of shares to cover tax obligations.

Summary

• On March 6, 2024, Elizabeth A. Porter, Sector President of Leidos Holdings, Inc., reported a transaction on Form 4.
• The transaction involved the withholding of 68 shares of common stock at a price of $129.3 to satisfy tax obligations related to previously reported restricted stock units.
• Following the transaction, Porter directly owns 34,892 shares of Leidos Holdings, Inc.
• The share withholding was authorized in the restricted stock award agreement.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction related to executive compensation and tax obligations; it doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Comparison to Industry Standards

• Executive compensation practices, including stock awards and tax withholding, are standard across publicly traded companies.
• Companies like Lockheed Martin (LMT), General Dynamics (GD), and Northrop Grumman (NOC) also regularly report similar Form 4 filings for their executives.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it relates to tax obligations of an executive.

Key Dates