Form 4: Leidos Holdings Executive Stephen Hull Reports Stock Option Exercise and Share Disposal

Stephen Hull, a Sector President at Leidos Holdings, exercised stock options and disposed of shares to cover the exercise price and associated fees on February 14, 2025.

Summary

• On February 14, 2025, Stephen Hull, a Sector President at Leidos Holdings, exercised stock options to acquire 2,589 shares of common stock at a price of $63.76 per share.
• Simultaneously, Hull disposed of 1,663 shares to cover the exercise price and associated fees, with the shares being withheld by the issuer at a price of $130.65.
• Following these transactions, Hull beneficially owns 31,330.4421 shares of Leidos Holdings common stock.
• Hull also acquired shares through the Company's Employee Stock Purchase Plan since the last reported transaction.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction. It's neutral in sentiment as it simply reports the facts of the stock option exercise and share disposal.

Positives

• The executive's continued stock ownership demonstrates confidence in the company.

Industry Context

Executive stock transactions are common and closely monitored as indicators of management's confidence in the company's prospects. This transaction is a routine disclosure.

Comparison to Industry Standards

• Executive compensation packages often include stock options to align management's interests with those of shareholders.
• The exercise and subsequent sale of shares to cover costs is a standard practice.
• Comparing Hull's holdings and transactions to those of executives at similar companies like Booz Allen Hamilton or CACI International would provide further context.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency regarding executive compensation and stock ownership.

Key Dates

Keywords

Leidos Holdings, Stephen Hull, Stock Options, Beneficial Ownership, Form 4, LDOS, Employee Stock Purchase Plan, Sector President