SEC Filing Analysis: Leidos Holdings, Inc. (LDOS)

Executive Summary

• Trading Significance: Low
• Key Takeaway: Routine RSU vesting and associated tax withholding; insider's net share count increased.
• Market Impact: Neutral - Transaction is administrative in nature.

Company Information

Field	Value
Company	Leidos Holdings, Inc.
Ticker Symbol	LDOS
CIK	0001336920
Market Cap	$22.48 Billion

Insider Information

Field	Value
Name	Stevens Roy E
CIK	0001755314
Title/Position	Sector President
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-03-07 & 2026-03-08
Transaction Code	F (Payment of exercise price or tax liability by delivering or withholding securities)
Security Type	Common Stock
Shares Withheld	1,017
Price Per Share	$177.89
Total Value (Withheld)	$180,914.13
Shares Owned After	62,221
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$180,914
% of Market Cap	0.0008%
Shares Transacted	1,017
% of Shares Outstanding	0.0008%
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: For a Large Cap company ($22.48B), a $180k transaction is negligible noise.
• Transaction Significance: The reporting person acquired 4,555 shares via RSU grant (Code A) and disposed of 1,017 shares solely to cover taxes (Code F). This results in a net accumulation of 3,538 shares.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: "Code F" transactions are automatic and do not reflect insider sentiment regarding the stock price. They are mechanical functions of compensation plans.

Volume & Sentiment

• Expected Volume Impact: None.
• Sentiment Indicator: Neutral.

Additional Context

Transaction Notes

• Structure: The filing reports a grant of 4,555 shares on March 6, followed by tax withholdings on March 7 and 8.
• Vesting Schedule: Footnote F1 indicates the RSUs vest in 33 1/3% increments over three years starting March 6, 2027.