LDOS Form 4: Stephen Hull Sells 7,526 Shares; Ownership 26,480.98

Rhea-AI Filing Summary

Stephen Edward Hull, Sector President of Leidos Holdings, Inc. (LDOS), reported a sale of 7,526 shares of common stock on 08/08/2025 at a weighted-average price of $176.3855, with executions ranging from $176.30 to $176.59. The filing lists 26,480.9809 shares as beneficially owned following the transaction, held directly.

The filing explains the reported price is a weighted average from multiple transactions and states the beneficial-ownership total includes shares acquired through the company's Employee Stock Purchase Plan since the last reported transaction. The report was filed by one reporting person.

Positive

• Clear disclosure of the weighted-average sale price and execution range
• Beneficial ownership total explicitly notes inclusion of Employee Stock Purchase Plan acquisitions

Negative

• Insider sold 7,526 shares, reducing direct holdings to 26,480.9809 shares
• No rationale or plan explanation is provided within the filing, limiting context for investors

Insights

Financial Analyst

Insider sale reported: 7,526 LDOS shares sold at a weighted-average $176.3855; remaining direct ownership listed as 26,480.9809 shares.

The Form 4 documents a single-line sale by a senior executive. The filing provides precise execution information including a weighted-average price and the execution price range, which supports transparency about the transaction's economics. The remaining beneficial ownership figure is reported and explicitly includes shares from the Employee Stock Purchase Plan. Absent additional context (e.g., scheduled plan detail or other company events), the disclosure appears routine and does not, on its face, indicate a material corporate development.

Corporate Governance Expert

Form 4 shows clear disclosure of sale details and ownership reconciliation; ESPP shares are included in ownership totals.

The filing follows required disclosure conventions by reporting the number of shares sold, the weighted-average price, the execution price range, and the post-transaction beneficial ownership. The explanatory note commits to providing a price-by-price breakdown on request, which enhances traceability. The form is limited to the transaction itself and contains no accompanying explanation for the sale, which is a common gap in Form 4 filings but not a filing deficiency.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hull Stephen Edward

(Last) (First) (Middle)

1750 PRESIDENTS STREET

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Leidos Holdings, Inc. [ LDOS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sector President

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/08/2025		S		7,526	D	$176.3855(1)	26,480.9809(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices from $176.30 to $176.59 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.

2. Includes shares acquired by the reporting person through the Company's Employee Stock Purchase Plan since the last reported transaction.

Remarks:

	/s/ Ramune M. Kligys by PoA of Stephen Edward Hull	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Stephen Edward Hull report on LDOS Form 4?

He reported a sale of 7,526 shares of Leidos common stock on 08/08/2025.

At what price were the LDOS shares sold?

The weighted-average sale price was $176.3855, with executions ranging from $176.30 to $176.59.

How many LDOS shares does the reporting person own after the transaction?

The filing reports 26,480.9809 shares beneficially owned following the transaction, held directly.

Does the reported beneficial ownership include shares from an ESPP?

Yes. The filing states the total includes shares acquired through the company’s Employee Stock Purchase Plan since the last reported transaction.

Who is the reporting person and what is their role at LDOS?

Stephen Edward Hull, listed as Sector President of Leidos Holdings, Inc.