Form 4: Leidos Holdings Executive Reports Tax Obligation Share Withholding
SEC Form 4 Filing
Mary Vicki Schmanske, a Sector President at Leidos Holdings, reports the withholding of shares to cover tax obligations related to previously awarded restricted stock units.
Summary
- On March 5, 2024, Mary Vicki Schmanske, a Sector President at Leidos Holdings, Inc., had 411 shares of common stock withheld by the company to satisfy tax obligations.
- The withholding was related to previously reported awards of restricted stock units and was authorized in the restricted stock award agreement.
- Following the transaction, Schmanske directly owns 57,146 shares of Leidos Holdings, Inc.
- The price per share for the withholding was $129.52.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's tax obligations being met through share withholding.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction: shares withheld to cover tax obligations. |
| 03/07/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.