Form 4: Leidos Holdings Executive Stephen Hull Exercises Stock Options, Sells Shares to Cover Costs
SEC Form 4 Filing
Leidos Holdings Sector President Stephen Edward Hull exercised stock options and sold shares to cover the exercise price and associated fees on February 26, 2024.
Summary
- On February 26, 2024, Stephen Edward Hull, Sector President of Leidos Holdings, Inc., exercised stock options to acquire 3,423 shares of common stock at a price of $53.54 per share.
- Simultaneously, Hull disposed of 2,120 shares of common stock to cover the exercise price and associated fees, with the shares being sold at $126.06.
- Following these transactions, Hull directly owns 25,463.4348 shares of Leidos Holdings, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity related to stock options.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/03/2018 | Date stock options became exercisable |
| 03/02/2024 | Expiration date of stock options |
| 02/26/2024 | Date of stock option exercise and share disposal |
| 02/27/2024 | Date of Form 4 signature |
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