LDOS.NYSELeidos Holdings, INC

Form 4: Leidos Holdings Executive Roy E. Stevens Reports Share Withholding for Tax Obligations

Sentiment:

SEC Form 4 Filing

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Roy E. Stevens, a Sector President at Leidos Holdings, reports the withholding of 333 shares of common stock to cover tax obligations related to previous restricted stock unit awards.

Summary

  • On March 5, 2025, Leidos Holdings Sector President Roy E. Stevens had 333 shares of common stock withheld by the company to satisfy tax obligations related to previously reported restricted stock units.
  • The withholding was authorized in the restricted stock award agreement.
  • The price per share for the withholding was $132.22.
  • Following the transaction, Stevens directly owns 50,448 shares of Leidos common stock.
  • Stevens also indirectly owns 1,774.4473 shares through a Key Executive Stock Deferral Plan.
  • An administrative error in a previous Form 4 filing on March 5, 2025, underreported the number of shares withheld by 8 shares, which has been corrected in this filing.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to executive compensation. The correction of a minor administrative error adds a slight negative, but overall it's a neutral event.

Industry Context

This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it relates to executive compensation and tax obligations.

Key Dates

DateDescription
03/05/2025Date of the share withholding transaction and the date of the original Form 4 filing with an administrative error.
03/07/2025Date of the corrected Form 4 filing.

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