Form 4: Leidos Holdings Executive Stephen Hull Reports Stock Disposals to Cover Tax Obligations
SEC Form 4
Stephen Edward Hull, a Sector President at Leidos Holdings, reported disposing of shares to cover tax obligations related to previously awarded restricted stock units.
Summary
- Stephen Edward Hull, a Sector President at Leidos Holdings, filed a Form 4 detailing changes in beneficial ownership.
- On March 3, 2025, 336 shares of common stock were disposed of at a price of $129.97 per share to cover tax obligations.
- On March 4, 2025, 184 shares of common stock were disposed of at a price of $129.2 per share to cover tax obligations.
- Following these transactions, Hull beneficially owns 30,810.4421 shares of Leidos Holdings common stock directly.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, which is a neutral event. The sentiment is slightly positive as it reflects standard compensation practices.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The transactions are related to tax obligations from restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small percentage of Hull's total holdings.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Disposal of 336 shares of common stock at $129.97 per share. |
| 03/04/2025 | Disposal of 184 shares of common stock at $129.2 per share. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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