Leidos (LDOS) director Nancy Norton receives stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leidos Holdings director Nancy A. Norton reported new equity awards. On May 8, 2026, she received 1,067 shares of Leidos common stock as a stock award at no cash cost, increasing her direct holdings to 3,144 shares.
She was also granted stock options for 1,281 shares of common stock with an exercise price of $131.26 per share. According to the footnote, these options vest and become exercisable in full on the earlier of the first anniversary of the grant date or the date the next annual meeting of stockholders is concluded, and they expire on May 7, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Norton Nancy A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 1,281 | $0.00 | -- |
| Grant/Award | Common Stock | 1,067 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,281 shares (Direct, null);
Common Stock — 3,144 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common stock award: 1,067 shares
Shares held after award: 3,144 shares
Stock options granted: 1,281 options
+3 more
6 metrics
Common stock award
1,067 shares
Granted on May 8, 2026 as equity award
Shares held after award
3,144 shares
Direct common stock holdings after grant
Stock options granted
1,281 options
Right to buy common stock granted May 8, 2026
Option exercise price
$131.26 per share
Conversion or exercise price for options
Option vesting trigger
Earlier of 1-year or next AGM
Vests on first anniversary of grant or next annual meeting conclusion
Option expiration date
May 7, 2033
Final date to exercise granted stock options
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, exercise price, vesting, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
exercise price financial
"conversion_or_exercise_price: "131.2600""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The option shall vest and become exercisable in full on the earlier of..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of the stockholders financial
"the date that the next annual meeting of the stockholders of the Company is concluded"
FAQ
What did Leidos (LDOS) director Nancy A. Norton report in this Form 4?
Nancy A. Norton reported receiving equity compensation from Leidos Holdings. She was granted 1,067 shares of common stock and stock options for 1,281 shares, both recorded as awards rather than open-market purchases or sales.
What are the key terms of Nancy A. Norton’s Leidos (LDOS) stock options?
Nancy A. Norton received options on 1,281 Leidos shares with a $131.26 exercise price. The options vest in full on the earlier of the first anniversary of the grant date or the conclusion of the next annual stockholders’ meeting and expire on May 7, 2033.
Is Nancy A. Norton’s Leidos (LDOS) Form 4 a market buy or sell?
The Form 4 reflects compensation awards, not market trades. Both the 1,067 common shares and 1,281 stock options were recorded with transaction code A, indicating grants or awards, with no open-market buying or selling reported in this filing.
When do Nancy A. Norton’s Leidos (LDOS) stock options become exercisable?
The options vest and become exercisable in full on the earlier of the first anniversary of the grant date or the date the next annual stockholders’ meeting concludes. This single-vesting structure links exercisability to either time passage or the next shareholder meeting.
What is the expiration date of Nancy A. Norton’s Leidos (LDOS) stock options?
The stock options granted to Nancy A. Norton expire on May 7, 2033. After that date, any unexercised options become worthless, so the exercisability window runs from vesting until this expiration date as specified in the Form 4 disclosure.