Form 4: Leidos Holdings Executive Roy E. Stevens Reports Tax Obligation Share Withholding
SEC Form 4 Filing
Roy E. Stevens, a Sector President at Leidos Holdings, Inc., reports the withholding of 213 common stock shares to cover tax obligations related to previously awarded restricted stock units.
Summary
- On March 6, 2024, Roy E. Stevens, a Sector President at Leidos Holdings, Inc., had 213 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, Stevens directly owns 44,149 shares of Leidos Holdings, Inc. common stock.
- Stevens also indirectly owns 1,755.347 shares through the Key Executive Stock Deferral Plan.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation and tax obligations.
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 minor impact on the total number of outstanding shares.
- Shareholders may be interested in executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the transaction where 213 shares were withheld for tax obligations. |
| 03/08/2024 | Date of signature for the report. |
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