LDOS Form 4: Roy E. Stevens exercises 7,536 options and sells 2,716 shares
Rhea-AI Filing Summary
Roy E. Stevens, a Sector President and reporting officer of Leidos Holdings, Inc. (LDOS), recorded option exercises and related share movements on 08/25/2025. He exercised stock options with a $62.43 exercise price, resulting in acquisition of 7,536 common shares. To cover the exercise price and fees, 4,820 shares were withheld by the issuer. Separately, 2,716 shares were sold at a weighted average price of $181.6634. After these transactions, the reporting person beneficially owned 49,934 shares directly and 1,784.3897 shares indirectly under a Key Executive Stock Deferral Plan. The Form 4 was signed by power of attorney on 08/27/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider exercised options at $62.43, withheld shares to cover costs, and sold a portion at about $181.66, leaving ~49.9k direct shares.
The transactions reflect a typical option exercise followed by partial share withholding and a sale. Exercising options at a strike of $62.43 while selling at ~ $181.66 realizes substantial pre-tax gains per share. The withholding of 4,820 shares to cover exercise costs is standard administrative treatment and not an open-market disposition. The separate sale of 2,716 shares reduces direct ownership modestly relative to total holdings but crystalizes economic value. No derivative holdings remain after exercise. For investors, these are insider liquidity actions rather than corporate operational signals.
TL;DR: Transactions are routine compensation-related actions; documentation includes PoA signature and weighted-average sale pricing disclosure.
Form 4 discloses clear mechanics: option exercise, share withholding for tax/fees, and a multi-price sale reported with a weighted average price and an offer to provide per-trade details on request. The filing appears complete in stating ownership levels pre- and post-transactions and identifies indirect holdings via a deferral plan. The use of a power of attorney to sign is documented. No departures from standard disclosure practice are apparent in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 7,536 | $0.00 | -- |
| Exercise | Common Stock | 7,536 | $62.43 | $470K |
| Tax Withholding | Common Stock | 4,820 | $181.74 | $876K |
| Sale | Common Stock | 2,716 | $181.6634 | $493K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of common stock withheld by the issuer in connection with the option exercise to cover the exercise price and associated fees. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $181.4805 to $181.815 inclusive. The reporting person undertakes to providing to Leidos Holdings, Inc., any security holder of Leidos Holdings, Inc., or the staff of the Securities Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the aforementioned range.
