Form 4: Leidos Holdings Executive Stephen Hull Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stephen Edward Hull, a Sector President at Leidos Holdings, reported a transaction involving the withholding of common stock to cover tax obligations related to restricted stock units.
Summary
- On March 5, 2024, Stephen Edward Hull, a Sector President at Leidos Holdings, reported a change in beneficial ownership of Leidos Holdings common stock.
- The transaction involved the withholding of 217 shares of common stock at a price of $129.52 per share.
- These shares were withheld by the company to satisfy Hull's tax obligations associated with previously reported awards of restricted stock units.
- Following the transaction, Hull beneficially owns 24,710.4348 shares of Leidos Holdings common stock directly.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) and doesn't suggest any positive or negative implications for the company's performance or outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction involving the withholding of shares. |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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