Form 4: Leidos Holdings Executive Leslie K. Fautsch Reports Stock Disposals to Cover Tax Obligations

Leslie K. Fautsch, Chief Human Resources Officer of Leidos Holdings, Inc., reported disposing of shares to cover tax obligations related to previously awarded restricted stock units.

Summary

• Leslie K. Fautsch, Chief Human Resources Officer of Leidos Holdings, Inc., filed a Form 4 with the SEC.
• The report details the disposal of Leidos Holdings common stock to satisfy tax obligations associated with previously reported awards of restricted stock units.
• On March 3, 2025, 74 shares were disposed of at a price of $129.97.
• On March 4, 2025, 1,099 shares were disposed of at a price of $129.2.
• Following these transactions, Fautsch directly owns 7,488 shares of Leidos Holdings common stock.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of stock disposals for tax purposes, indicating a neutral sentiment.

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 management's perspective on the company's value and future prospects.

Comparison to Industry Standards

• Executive compensation practices, including the use of restricted stock units and subsequent share disposals for tax obligations, are standard across the industry.
• Companies like Lockheed Martin (LMT), Northrop Grumman (NOC), and General Dynamics (GD) also have executives who regularly report similar transactions.
• The frequency and size of these transactions can vary based on individual compensation packages and company performance.

Stakeholder Impact

• The stock disposal has a minimal impact on shareholders as it is a routine transaction for tax purposes.
• Employees are not directly impacted by this transaction.

Key Dates