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, Inc., reported the disposal of shares to cover tax obligations related to restricted stock units.
Summary
- On March 3rd and 4th, 2024, Roy E. Stevens, a Sector President at Leidos Holdings, Inc., disposed of shares of common stock to satisfy tax obligations.
- A total of 339 shares were disposed of on March 3rd and 583 shares on March 4th, both at a price of $127.44 per share.
- Following these transactions, Stevens directly owns 44,695 shares of Leidos common stock and indirectly owns 1,755.347 shares through a Key Executive Stock Deferral Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects a routine transaction related to tax obligations.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. This filing indicates routine activity related to tax obligations on stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Disposal of 339 shares of common stock at $127.44. |
| 03/04/2024 | Disposal of 583 shares of common stock at $127.44. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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