Form 4: Leidos SVP Controller Sells Shares for Tax Obligations

Leidos Holdings, Inc.'s SVP, Controller Daniel A. Atkinson disposed of 84 shares of common stock to cover tax liabilities from restricted stock unit awards.

Summary

• Daniel A. Atkinson, SVP, Controller of Leidos Holdings, Inc. (LDOS), reported two transactions involving the disposition of common stock.
• On March 3, 2026, 50 shares of common stock were disposed of at a price of $179.4 per share.
• On March 4, 2026, an additional 34 shares of common stock were disposed of at a price of $180.65 per share.
• These dispositions, totaling 84 shares, were executed to satisfy tax obligations related to previously reported restricted stock unit awards, as authorized by the award agreement.
• Following these transactions, Daniel A. Atkinson beneficially owns 2,368 shares of Leidos Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction for an executive's equity compensation and does not indicate a change in company fundamentals or executive sentiment.

Positives

• The transactions represent a routine and expected event for insiders receiving equity compensation, indicating the vesting of previously granted restricted stock units.

Negatives

• The disposition of shares, while for tax purposes, slightly reduces the direct beneficial ownership of a key executive in the company.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that routine tax-related share dispositions by executives are common across all industries, particularly for companies that utilize restricted stock units or other equity compensation plans as part of their executive remuneration strategy. These transactions typically do not reflect a change in management's outlook on the company's performance.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine tax-related transactions and do not signal a change in company strategy or performance.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Leidos Holdings, LDOS, Form 4, Insider Trading, Stock Disposition, Tax Withholding, Restricted Stock Units, Executive Compensation