Leidos (LDOS) EVP Daniel Antal receives dividend-equivalent stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leidos Holdings, Inc. executive Daniel J. Antal, EVP and General Counsel, acquired 2.6028 shares of common stock as a compensation-related award of dividend equivalent rights credited to a Key Executive Stock Deferral Plan account. Following this award, he indirectly holds 10,745.9015 shares through the plan and directly holds 14,429 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Antal Daniel J.
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.603 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,745.902 shares (Indirect, By Key Executive Stock Deferral Plan);
Common Stock — 14,429 shares (Direct)
Footnotes (1)
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Key Figures
Dividend equivalent award: 2.6028 shares
Indirect holdings after award: 10,745.9015 shares
Direct holdings after filing: 14,429 shares
3 metrics
Dividend equivalent award
2.6028 shares
Common stock credited as dividend equivalent rights
Indirect holdings after award
10,745.9015 shares
Held via Key Executive Stock Deferral Plan after transaction
Direct holdings after filing
14,429 shares
Directly held Leidos common stock
Key Terms
Dividend equivalent rights, Key Executive Stock Deferral Plan, Indirect ownership, Form 4
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
"nature_of_ownership: By Key Executive Stock Deferral Plan"
Indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Leidos (LDOS) EVP Daniel Antal report in this Form 4?
Daniel J. Antal reported acquiring 2.6028 shares of Leidos common stock as dividend equivalent rights. These were credited to his Key Executive Stock Deferral Plan account, increasing his indirect holdings while his direct ownership remained separately reported.
Were Daniel Antal’s LDOS Form 4 transactions open-market buys or sells?
The Form 4 shows no open-market buys or sells by Daniel J. Antal. He received 2.6028 shares as a grant of dividend equivalent rights, a compensation-related, non-cash acquisition credited under a Key Executive Stock Deferral Plan.
What are dividend equivalent rights in the context of Leidos (LDOS) stock?
Dividend equivalent rights provide share-based credits that mirror cash dividends on underlying stock units. In this filing, 2.6028 shares of Leidos common stock were credited to Daniel J. Antal’s Key Executive Stock Deferral Plan account as such dividend-related compensation.
Is the Leidos (LDOS) insider transaction by Daniel Antal a routine compensation event?
Yes. The Form 4 describes the 2.6028-share acquisition as dividend equivalent rights under a Key Executive Stock Deferral Plan. This indicates a routine, compensation-related credit rather than a discretionary open-market trade in Leidos common stock.
How is Daniel Antal’s Leidos (LDOS) ownership split between direct and indirect holdings?
According to the Form 4, Daniel J. Antal holds 14,429 Leidos shares directly and 10,745.9015 shares indirectly via a Key Executive Stock Deferral Plan. The new 2.6028-share award increased only the indirect plan-based holdings attributed to him.