Hull Stephen Edward 4

What Happened

• Stephen Edward Hull, Sector President of Leidos (LDOS), was awarded a total of 9,285 shares on Feb 12, 2026 (two awards: 3,439 and 5,846 shares, treated as acquisitions at $0.00). On the same date 1,805 shares were withheld (disposed) to satisfy tax liabilities at $173.00 per share, totaling $312,265.
• The 3,439-share award is a restricted stock unit (RSU) award that will vest in three annual installments beginning March 7, 2026 (footnote F1). The withheld 1,805 shares were taken by the company to cover the reporting person’s tax obligation associated with the settlement of performance shares and were authorized in the award agreement (footnote F2).

Key Details

• Transaction date: February 12, 2026; Form filed Feb 17, 2026 (timely).
• Awards: 3,439 RSUs (vest over 3 years) and 5,846 performance/award shares granted at $0.00.
• Withholding: 1,805 shares withheld/disposed at $173.00 per share = $312,265 total (tax withholding, code F).
• Transaction codes: A = Award/Grant; F = Tax withholding to satisfy tax liability.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• The withholding of 1,805 shares is a routine, non-open-market action to satisfy tax obligations upon settlement of award/performance shares — it does not represent an open-market sale or a directional trade by the insider.
• RSU awards vest over time; vesting/award activity is common compensation for executives and not a direct buy/sell signal for investors.