LDOS.NYSELeidos Holdings, INC

Form 4: Leidos Holdings Executive Reports Tax Obligation Share Withholding and Corrects Previous Filing

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SEC Form 4 Filing

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Mary Vicki Schmanske, Sector President at Leidos Holdings, reports share withholding for tax obligations and corrects a minor error in a previous SEC filing.

Summary

  • On March 5, 2025, Mary Vicki Schmanske, a Sector President at Leidos Holdings, had 378 shares of common stock withheld by the company to satisfy her tax obligations related to previously reported restricted stock units.
  • The withholding was authorized in the restricted stock award agreement.
  • A correction was made to a previous Form 4 filed on March 5, 2025, which underreported the number of shares of common stock withheld by 8 shares due to an administrative error.
  • The corrected total number of shares beneficially owned following the transaction is 63,625.

Sentiment

Score: 7

Explanation: The document primarily reports a routine transaction (share withholding for taxes) and corrects a minor administrative error. While the error is a slight negative, the overall impact is neutral.

Negatives

  • A previous SEC filing contained an administrative error, underreporting the number of shares withheld for tax obligations.

Industry Context

This is a routine filing related to executive compensation and tax obligations. It is standard practice for companies to withhold shares to cover these obligations.

Key Dates

DateDescription
03/05/2025Date of the transaction (share withholding) and the original Form 4 filing with the administrative error.
03/07/2025Date of the signature on the corrected Form 4 filing.

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