Form 4: Leidos Holdings Executive Elizabeth Porter Reports Stock Disposals to Cover Tax Obligations

Elizabeth Porter, a Sector President at Leidos Holdings, reported disposing of shares to cover tax obligations related to previously reported restricted stock units.

Summary

• On March 3, 2024, Elizabeth Porter, a Sector President at Leidos Holdings, disposed of 376 shares of common stock at a price of $127.44 to cover tax obligations.
• On March 4, 2024, Ms. Porter disposed of an additional 670 shares of common stock at the same price, $127.44, also for tax obligations.
• Following these transactions, Ms. Porter beneficially owns 35,370 shares of Leidos Holdings common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes, with no indication of significant positive or negative implications for the company.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax planning. These transactions are closely monitored by investors for insights into executive sentiment and company performance.

Stakeholder Impact

• The stock disposal is unlikely to have a significant impact on stakeholders as it is related to tax obligations and involves a relatively small number of shares compared to the total outstanding shares.

Key Dates