Form 4: Leidos Sector President Sells Shares Under 10b5-1 Plan

Leidos Holdings, Inc. Sector President Elizabeth A. Porter sold 3,000 shares of common stock for approximately $543,578 through a pre-arranged trading plan.

Summary

• Elizabeth A. Porter, Sector President of Leidos Holdings, Inc. (LDOS), reported the sale of 3,000 shares of common stock.
• The transactions occurred on December 19, 2025.
• The shares were sold in two separate transactions: 2,303 shares at a weighted average price of $180.89 per share and 697 shares at a weighted average price of $181.55 per share.
• The total value of the shares sold was approximately $543,578.
• These sales were executed pursuant to a Rule 10b5-1 trading plan, which was entered into by Ms. Porter on September 12, 2025.
• Following these transactions, Ms. Porter beneficially owns 41,575 shares of Leidos Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The sale of shares by a Sector President, particularly when executed under a pre-arranged 10b5-1 trading plan, is generally considered a routine event for personal financial management and diversification, rather than an indicator of management's confidence or lack thereof in the company's immediate prospects.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction is a routine disclosure for a publicly traded company. Sales executed under a Rule 10b5-1 plan are pre-scheduled and typically do not reflect new discretionary decisions by management based on recent non-public information. Such transactions are common across industries for executives managing personal finances and diversifying holdings.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in insider ownership, but given it's a pre-planned transaction, it is unlikely to signal any change in the company's fundamental value or prospects. The impact on shareholder confidence is expected to be minimal.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

The reported insider sale by a Sector President was conducted under a pre-arranged Rule 10b5-1 trading plan. Such planned transactions are typically for personal financial management and diversification, not a reflection of new material information or a change in the company's outlook. Therefore, this filing does not provide new information that would warrant a change in investment recommendation, and a 'hold' stance is maintained based on existing fundamentals.

Keywords

Leidos Holdings, LDOS, Insider Trading, Stock Sale, Form 4, Executive Compensation, 10b5-1 Plan