Porter Elizabeth A 4

What Happened Elizabeth A. Porter, Sector President at Leidos Holdings, sold 3,000 shares in an open-market transaction on January 20, 2026. The weighted-average sale price was $192.21 per share (prices in the range $192.17–$192.36), for aggregate proceeds of approximately $576,635. This transaction is a sale (not a purchase or option exercise).

Key Details

• Transaction date: January 20, 2026 (reported on Form 4 filed January 22, 2026). Filing appears timely (filed within two business days of the trade).
• Shares sold: 3,000; weighted-average price: $192.21; price range: $192.17–$192.36.
• Total proceeds: ~$576,635.
• Transaction code: S (sale).
• Post-transaction holdings: Not disclosed in this Form 4 filing.
• Notable footnotes:
  • F1: The sale was executed under a pre-established Rule 10b5-1 trading plan entered on September 12, 2025.
  • F2: The reported price is a weighted average; the filer will provide a breakdown of shares sold at each price on request.

Context Sales executed under 10b5-1 plans are pre-arranged and commonly used for scheduled disposition of shares; they are often routine and do not necessarily indicate a change in insider sentiment. This filing reports a straightforward open-market sale — no option exercise, gift, or tax-withholding event is indicated.