Form 4: Leidos Holdings Sector President Exercises Stock Options, Disposes of Shares

Elizabeth A. Porter, Sector President of Leidos Holdings, exercised stock options and disposed of shares to cover the exercise price and associated fees on February 18, 2025.

Summary

• On February 18, 2025, Elizabeth A. Porter, Sector President of Leidos Holdings, exercised stock options to acquire 2,524 shares of common stock at a price of $63.76 per share.
• Simultaneously, she disposed of 1,723 shares of common stock at $132.26 per share to cover the exercise price and associated fees related to the option exercise.
• Following these transactions, Porter directly owns 42,858 shares of Leidos Holdings common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard insider transaction filing related to stock option exercises and share disposals to cover costs.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which is a standard practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies like Leidos Holdings, ensuring transparency in insider trading activities.
• Comparable companies such as Booz Allen Hamilton and General Dynamics also require their executives to file similar reports when engaging in transactions involving company stock.
• The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934, ensuring a level playing field across the industry.

Stakeholder Impact

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

Key Dates

Keywords

Leidos Holdings, LDOS, Stock Options, Form 4, Insider Trading, Beneficial Ownership, Elizabeth A. Porter, Sector President