Leidos (NYSE: LDOS) CFO awarded stock and uses shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leidos Holdings Chief Financial Officer Christopher R. Cage reported stock awards and related tax-withholding transactions in company shares. On February 12, 2026, he acquired 2,283 common shares at $0 under a restricted stock unit award that will vest in three annual installments beginning March 7, 2026, plus an additional 13,667 common shares at $0. He also acquired 2,283 common shares at $0 indirectly through the Key Executive Stock Deferral Plan. To cover taxes on the settlement of performance shares, the company withheld 5,325 shares at $173 per share. Following these transactions, Cage beneficially owns 57,305 common shares directly and 31,684.5352 shares indirectly through the deferral plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Cage Christopher R
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,283 | $0.00 | -- |
| Grant/Award | Common Stock | 13,667 | $0.00 | -- |
| Grant/Award | Common Stock | 2,283 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,325 | $173.00 | $921K |
Holdings After Transaction:
Common Stock — 48,963 shares (Direct);
Common Stock — 31,684.535 shares (Indirect, By Key Executive Stock Deferral Plan)
Footnotes (1)
- This restricted stock unit award will vest over three annual installments, beginning on March 7, 2026. These shares were withheld by the Company to satisfy the reporting person's tax obligation associated with the settlement of performance shares. This share withholding was authorized in the performance share award agreement.
FAQ
What insider activity did Leidos (LDOS) report for its CFO?
Leidos reported that CFO Christopher R. Cage received stock awards and had shares withheld for taxes. He acquired multiple common-share grants at $0 per share and used 5,325 shares at $173 each to satisfy tax obligations tied to performance share settlement.
What is the vesting schedule for the Leidos (LDOS) restricted stock units?
The restricted stock unit award referenced in the filing will vest over three annual installments. Vesting begins on March 7, 2026, spreading the benefit over multiple years and tying a portion of CFO Christopher R. Cage’s compensation to longer-term company performance.