Form 4: Leidos Holdings Executive Gerard A. Fasano Reports Stock Transaction
SEC Form 4 Filing
Chief Growth Officer of Leidos Holdings, Gerard A. Fasano, reports disposition of shares to cover tax obligations.
Summary
- On March 5, 2024, Gerard A. Fasano, Chief Growth Officer of Leidos Holdings, Inc., reported a transaction involving common stock.
- 432 shares were disposed of at a price of $129.52 to satisfy tax obligations related to previously reported restricted stock units.
- Following the transaction, Fasano directly owns 88,071.4777 shares of Leidos Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is a standard practice for executives to sell shares to cover tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock transaction |
| 03/07/2024 | Date of signature on the report |
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