Form 4: Leidos Holdings Executive James F. Carlini Reports Stock Transaction

Executive Vice President and Chief Technology Officer of Leidos Holdings, James F. Carlini, reports a transaction involving the withholding of 192 shares of common stock to cover tax obligations.

Summary

• James F. Carlini, Executive Vice President and Chief Technology Officer at Leidos Holdings, reported a transaction on November 15, 2024.
• The transaction involved the withholding of 192 shares of Leidos common stock.
• These shares were withheld by the company to satisfy Mr. Carlini's tax obligations related to previously awarded restricted stock units.
• The price per share for the transaction was $167.96.
• Following the transaction, Mr. Carlini directly owns 17,841 shares of Leidos common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations. It is a neutral event with no significant positive or negative implications for the company's performance or outlook.

Industry Context

This is a routine filing related to executive compensation and tax obligations, which is common in publicly traded companies. It does not indicate any unusual activity or trend within the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is typical for executives receiving stock-based compensation.
• Many companies use share withholding to cover tax obligations for employees receiving stock awards, including companies like Lockheed Martin (LMT) and General Dynamics (GD), which are also in the defense and technology sector.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax-related share withholding.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Leidos Holdings, James F. Carlini, stock transaction, Form 4, insider trading, restricted stock units, tax obligations