Form 4: Leidos Holdings Officer Exercises Stock Options and Disposes of Shares for Tax Obligations
SEC Form 4
Mary Vicki Schmanske, a Sector President at Leidos Holdings, exercised stock options and disposed of shares to cover tax obligations on March 13, 2025.
Summary
- On March 13, 2025, Mary Vicki Schmanske, a Sector President at Leidos Holdings, exercised stock options to purchase common stock at prices ranging from $62.43 to $129.79.
- The transactions involved the exercise of options for 17,560 shares at $62.43, 10,578 shares at $107.57, 11,395 shares at $89.08, 7,005 shares at $105.08, 5,973 shares at $96.95, and 2,997 shares at $129.79.
- Following these transactions, Schmanske directly owns 118,588 shares of Leidos Holdings common stock.
- Additionally, 45,393 shares were withheld by the company to satisfy the reporting person's tax obligation associated with previously reported awards of restricted stock units at a price of $133.6.
- After the tax obligation was satisfied, Schmanske directly owns 73,195 shares of Leidos Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock option exercises and share disposals for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, reflecting insider transactions related to stock options and tax obligations, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/08/2020 | Date exercisable for 17,560 stock options at $62.43 |
| 03/06/2021 | Date exercisable for 10,578 stock options at $107.57 |
| 03/05/2022 | Date exercisable for 11,395 stock options at $89.08 |
| 03/04/2023 | Date exercisable for 7,005 stock options at $105.08 |
| 03/03/2024 | Date exercisable for 5,973 stock options at $96.95 |
| 03/08/2025 | Date exercisable for 2,997 stock options at $129.79 |
| 03/13/2025 | Date of transaction: exercise of stock options and disposal of shares for tax obligations |
| 03/07/2026 | Expiration date for 17,560 stock options at $62.43 |
| 03/05/2027 | Expiration date for 10,578 stock options at $107.57 |
| 03/04/2028 | Expiration date for 11,395 stock options at $89.08 |
| 03/03/2029 | Expiration date for 7,005 stock options at $105.08 |
| 03/02/2030 | Expiration date for 5,973 stock options at $96.95 |
| 03/07/2031 | Expiration date for 2,997 stock options at $129.79 |
| 03/17/2025 | Date of signature |
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