Form 4: Leidos Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Mary Vicki Schmanske, a Sector President at Leidos Holdings, sold shares to cover tax obligations related to previously reported restricted stock units.
Summary
- Mary Vicki Schmanske, a Sector President at Leidos Holdings, sold shares of common stock on March 3rd and 4th, 2025.
- The sales were executed to satisfy tax obligations associated with previously reported awards of restricted stock units.
- On March 3rd, 471 shares were sold at a price of $129.97.
- On March 4th, 344 shares were sold at a price of $129.2.
- Following these transactions, Schmanske directly owns 64,011 shares of Leidos Holdings common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations and does not necessarily reflect a positive or negative sentiment towards the company.
Industry Context
Executive stock sales for tax purposes are a common occurrence, especially after vesting of restricted stock units. This transaction is not necessarily indicative of the executive's sentiment towards the company's future prospects.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
- The transaction does not directly affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Sale of 471 shares of common stock at $129.97. |
| 03/04/2025 | Sale of 344 shares of common stock at $129.2. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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