Form 4: Leidos Holdings Executive Stephen Hull Reports Stock Disposals to Cover Tax Obligations

Sentiment:

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

DateDescription
03/03/2025Disposal of 336 shares of common stock at $129.97 per share.
03/04/2025Disposal of 184 shares of common stock at $129.2 per share.
03/05/2025Date 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.