Cage Christopher R 4

What Happened

• Christopher R. Cage, Chief Financial Officer of Leidos Holdings, received multiple equity awards on 2026-02-12 (three award entries: 2,283; 13,667; and 2,283 shares) recorded as acquisitions at $0.00 (awards/RSUs/performance shares). On the same date, 5,325 shares were disposed/withheld to satisfy the related tax obligation at $173.00 per share, a value of $921,225. These awards are company grants rather than open-market purchases or sales.

Key Details

• Transaction date(s): 2026-02-12; Form 4 filed 2026-02-17 (timely given the Presidents' Day holiday).
• Grant entries: 2,283; 13,667; and 2,283 shares acquired at $0.00 (award/grant code A).
• Tax withholding/disposition: 5,325 shares disposed at $173.00/share for $921,225 (code F — withholding to cover tax liability).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — one restricted stock unit award vests over three annual installments beginning March 7, 2026. F2 — the 5,325 shares were withheld by the company to satisfy the reporting person's tax obligation associated with the settlement of performance shares (authorized in the award agreement).
• Filing timeliness: Filed Feb 17, 2026; filing falls within the required two-business-day window when accounting for the Feb 16 federal holiday.

Context

• These entries reflect equity compensation (awards and performance shares) and routine tax withholding, not an open-market sale. Withholding to cover taxes is common and does not necessarily indicate a change in insider sentiment. The awards vest over time (at least part beginning March 7, 2026), so the shares are not immediately freely tradable.