Form 4: Leidos Holdings Executive Stephen Allen Cook Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Stephen Allen Cook, a Sector President at Leidos Holdings, reported disposing of shares to cover tax obligations related to previously awarded restricted stock units.
Summary
- On March 3, 2024, Stephen Allen Cook, a Sector President at Leidos Holdings, disposed of 49 shares of common stock at a price of $127.44 per share to satisfy tax obligations.
- Following this transaction, Cook directly owns 8,725 shares of Leidos Holdings common stock.
- On March 4, 2024, Cook disposed of 254 shares of common stock at a price of $127.44 per share to satisfy tax obligations.
- Following this transaction, Cook directly owns 8,471 shares of Leidos Holdings common stock.
- The share disposals were authorized in the restricted stock award agreement.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. These filings are common and expected.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Disposal of 49 shares of common stock at $127.44 per share. |
| 03/04/2024 | Disposal of 254 shares of common stock at $127.44 per share. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.