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

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

• On March 3, 2024, Stephen Edward Hull, a Sector President at Leidos Holdings, disposed of 188 shares of common stock at a price of $127.44.
• On March 4, 2024, Mr. Hull disposed of an additional 348 shares of common stock, also at $127.44.
• These disposals were executed to satisfy Mr. Hull's tax obligations associated with previously reported awards of restricted stock units.
• Following these transactions, Mr. Hull beneficially owns 24,927.4348 shares of Leidos Holdings common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine tax obligations and doesn't indicate a change in the executive's overall confidence in the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares involved.

Key Dates