Form 4: Leidos Holdings Executive Leslie K. Fautsch Reports Stock Transactions

Chief Human Resources Officer Leslie K. Fautsch reports acquisition of restricted stock units and stock options, as well as a disposition of shares to cover tax obligations.

Summary

• On March 7, 2025, Leslie K. Fautsch, Chief Human Resources Officer of Leidos Holdings, Inc., acquired 7,516 shares of common stock and 8,104 stock options.
• The restricted stock units vest in full three years from the grant date.
• The stock options vest in three annual installments beginning on March 7, 2026.
• On March 8, 2025, 76 shares of common stock were disposed of at a price of $139.24 to satisfy tax obligations related to previously reported restricted stock units.
• Following these transactions, Fautsch directly owns 14,867 shares of Leidos Holdings, Inc. common stock and 8,104 stock options.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating standard executive compensation practices. The acquisition of shares and options is mildly positive, while the sale for tax obligations is a neutral event.

Positives

• The acquisition of restricted stock units and stock options suggests confidence in the company's future performance.

Negatives

• The sale of 76 shares to cover tax obligations, while routine, slightly reduces Fautsch's direct holdings in the company.

Future Outlook

The vesting schedule of the restricted stock units and stock options indicates a multi-year incentive plan for the reporting person.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Comparison to Industry Standards

• Executive compensation packages, including stock options and restricted stock units, are common in the defense and technology industries.
• Companies like Lockheed Martin, Northrop Grumman, and General Dynamics also utilize similar equity-based compensation to align executive interests with shareholder value.
• The vesting schedules and terms of these equity awards are generally comparable across these companies, with variations depending on individual performance and company-specific goals.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and alignment of interests.

Key Dates