Leidos (LDOS) Sector President receives dividend-equivalent share grant in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leidos Holdings Sector President Roy E. Stevens reported routine equity compensation activity. He received 7.8032 shares of Leidos common stock at no cost as a grant/award classified as dividend equivalent rights under the Key Executive Stock Deferral Plan, held indirectly.
Following this award, his indirect holdings through the deferral plan total 1,805.414 common shares. A separate line in the filing reports 62,221 common shares held directly. The filing shows no open-market buying or selling activity, only a small, compensation-related acquisition.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Stevens Roy E
Role
Sector President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7.803 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,805.414 shares (Indirect, By Key Executive Stock Deferral Plan);
Common Stock — 62,221 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent grant: 7.8032 shares
Indirect holdings after grant: 1,805.414 shares
Direct common stock holdings: 62,221 shares
+1 more
4 metrics
Dividend equivalent grant
7.8032 shares
Common Stock grant classified as dividend equivalent rights
Indirect holdings after grant
1,805.414 shares
Common Stock held through Key Executive Stock Deferral Plan
Direct common stock holdings
62,221 shares
Common Stock held directly following reported activity
Grant price per share
$0.0000 per share
Reported price for 7.8032-share grant
Key Terms
Dividend equivalent rights, Key Executive Stock Deferral Plan, indirect ownership, Grant, award, or other acquisition
4 terms
Dividend equivalent rights financial
"Dividend equivalent rights."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Key Executive Stock Deferral Plan financial
"By Key Executive Stock Deferral Plan"
indirect ownership financial
"ownership_type": "indirect""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Leidos (LDOS) report for Roy E. Stevens?
Leidos reported that Sector President Roy E. Stevens received 7.8032 common shares as a grant classified as dividend equivalent rights. These shares were credited at no cost under the Key Executive Stock Deferral Plan and are treated as an indirect ownership position.
Were there any Leidos (LDOS) insider stock sales or purchases in this Form 4?
The Form 4 shows no open-market stock purchases or sales. It reports a small grant of 7.8032 common shares as dividend equivalent rights and updates direct and indirect holdings, indicating routine compensation activity rather than discretionary trading in Leidos shares.
What does 'dividend equivalent rights' mean in the Leidos (LDOS) Form 4?
Dividend equivalent rights are compensation entries that credit additional shares or units in connection with dividends on underlying awards. In this case, 7.8032 Leidos common shares were credited to Roy E. Stevens under the Key Executive Stock Deferral Plan instead of paying cash, increasing his deferred share balance.
How is the Key Executive Stock Deferral Plan used at Leidos (LDOS)?
The Key Executive Stock Deferral Plan holds indirect shares for executives as part of compensation. For Roy E. Stevens, 7.8032 dividend equivalent shares were added under this plan, bringing his indirect Leidos common stock holdings there to 1,805.414 shares according to the Form 4 disclosure.