Form 4: Leidos Holdings Executive Elizabeth Porter Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Elizabeth Porter, a Sector President at Leidos Holdings, disposed of 269 shares of common stock on August 7, 2024, to cover tax obligations related to previously awarded restricted stock units.
Summary
- On August 7, 2024, Elizabeth A. Porter, a Sector President at Leidos Holdings, Inc., reported a transaction involving the disposal of 269 shares of common stock.
- The shares were withheld by the company to satisfy Ms. Porter's tax obligations associated with previously reported awards of restricted stock units.
- The transaction was executed at a price of $143.29 per share.
- Following the transaction, Ms. Porter directly owns 34,623 shares of Leidos Holdings, Inc.
- The share withholding was authorized in the restricted stock award agreement.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date of the stock disposal transaction. |
| 08/09/2024 | Date of signature on the Form 4 filing. |
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