Form 4: Leidos Holdings Executive Roy E. Stevens Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Roy E. Stevens, a Sector President at Leidos Holdings, reported the acquisition and disposal of common stock, including shares withheld for tax obligations, according to a Form 4 filing.
Summary
- Roy E. Stevens, a Sector President at Leidos Holdings, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On February 6, 2025, Stevens acquired 3,352 shares of common stock and an additional 6,064 shares.
- Also on February 6, 2025, 1,880 shares were disposed of to cover tax obligations related to the settlement of performance shares at a price of $141.29 per share.
- Following these transactions, Stevens directly owns 51,685 shares of common stock and indirectly owns 1,774.4473 shares through the Key Executive Stock Deferral Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions. The acquisition of shares is mildly positive, while the disposal for tax obligations is a standard practice.
Positives
- Roy E. Stevens acquired a total of 9,416 shares of Leidos Holdings stock on February 6, 2025.
Negatives
- 1,880 shares were disposed of to cover tax obligations, reducing the total number of directly held shares.
Future Outlook
The 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 insider trading regulations, providing transparency into the transactions of company executives and their impact on stock ownership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock acquisition and disposal transactions. |
| 02/10/2025 | Date of signature for the Form 4 filing. |
| 03/08/2025 | First vesting date for the restricted stock unit award. |
Keywords
Form 4, Beneficial Ownership, Leidos Holdings, LDOS, Roy E. Stevens, Stock Transactions, Sector President
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