Form 4: Leidos Holdings Executive Exercises Stock Options, Disposes of Shares to Cover Costs

Gerard A. Fasano, Chief Growth Officer of Leidos Holdings, exercised stock options and disposed of shares to cover the exercise price and associated fees on March 6, 2025.

Summary

• On March 6, 2025, Gerard A. Fasano, Chief Growth Officer of Leidos Holdings, exercised stock options to acquire common stock.
• The transactions involved the exercise of options at prices of $89.08, $105.08, and $96.95.
• A total of 8,964 shares were acquired through option exercises.
• 7,560 shares were disposed of to cover the exercise price and associated fees, with a price of $133.71.
• Following these transactions, Fasano directly owns 99,260.4459 shares of Leidos Holdings common stock.
• Fasano also continues to hold derivative securities in the form of stock options.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock option exercises and share disposals.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Comparison to Industry Standards

• Executive compensation packages often include stock options to align management's interests with those of shareholders.
• Form 4 filings are standard practice and are required by the SEC to ensure transparency in insider trading.
• The exercise of stock options and subsequent sale of shares to cover costs is a common practice among executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the exercise of existing stock options and a small disposal of shares.
• The filing provides transparency to stakeholders regarding executive compensation and stock ownership.

Key Dates