Form 4: Leidos Holdings Executive James F. Carlini Reports Stock Transaction
SEC Form 4 Filing
EVP and Chief Technology Officer of Leidos Holdings, James F. Carlini, reports a transaction involving the withholding of shares to cover tax obligations.
Summary
- On March 5, 2024, James F. Carlini, EVP and Chief Technology Officer of Leidos Holdings, Inc., had 316 shares of common stock withheld to cover tax obligations.
- The shares were withheld by the company at a price of $129.52 per share.
- Following the transaction, Carlini directly owns 18,254 shares of Leidos Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral reporting of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
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 have shares withheld to cover tax obligations related to stock awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock transaction (tax withholding) |
| 03/07/2024 | Date of signature on the Form 4 filing |
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