Form 4: Leidos Holdings Executive Maureen Waterston Reports Stock Disposals for Tax Obligations

Maureen Waterston, Chief Human Resources Officer at Leidos Holdings, reported disposing of shares to cover tax obligations related to previously awarded restricted stock units.

Summary

• Maureen Waterston, Chief Human Resources Officer of Leidos Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 3, 2024, and March 4, 2024, Waterston disposed of 207 and 363 shares of common stock, respectively, to satisfy tax obligations.
• The disposals were executed at a price of $127.44 per share.
• Following these transactions, Waterston beneficially owns 11,885.3103 shares of Leidos Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, a routine transaction.

Industry Context

Executive stock transactions are a common occurrence and are often related to compensation and tax planning. These transactions are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock disposal has a minimal impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.

Key Dates