Form 4: Leidos Holdings Executive Reports Stock Transactions

Mary Vicki Schmanske, a Sector President at Leidos Holdings, reports acquisition and disposal of company stock, including shares withheld for tax obligations.

Summary

• Mary Vicki Schmanske, a Sector President at Leidos Holdings, filed a Form 4 detailing changes in beneficial ownership of Leidos stock.
• On February 6, 2025, Schmanske acquired 3,554 shares of common stock at $0, increasing her direct holdings.
• She also acquired 6,584 shares of common stock at $0.
• Additionally, 2,036 shares were withheld by Leidos at a price of $141.29 to cover Schmanske's tax obligations related to the settlement of performance shares.
• Following these transactions, Schmanske directly owns 64,826 shares of Leidos common stock.
• A restricted stock unit award will vest over three annual installments, beginning on March 8, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.

Positives

• The reporting person increased their holdings of Leidos stock.

Negatives

• 2,036 shares were withheld to cover tax obligations, reducing the net increase in holdings.

Future Outlook

A restricted stock unit award will vest over three annual installments, beginning on March 8, 2025.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors as they can provide insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Monitoring insider transactions is a common practice in financial analysis.
• Comparing the volume and frequency of insider trading activity at Leidos to that of its peers (e.g., General Dynamics, Lockheed Martin, Northrop Grumman) can provide insights into the relative sentiment of management towards their respective companies.
• For example, if executives at Leidos are consistently purchasing shares while executives at a competitor are selling, it could indicate a stronger belief in Leidos' future prospects.

Stakeholder Impact

• Shareholders may be interested in the insider trading activity as an indicator of management's confidence in the company.
• The withholding of shares for tax obligations has a minor impact on the executive's net holdings.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Leidos Holdings, LDOS, Schmanske, Restricted Stock Units, Performance Shares