Porter Elizabeth A 4

What Happened

• Elizabeth A. Porter, Sector President at Leidos (LDOS), was granted 4,626 restricted stock units (RSUs) on 2026-03-06 (award code A). Following that, 1,181 shares were withheld over two days to satisfy tax obligations (reporting code F): 593 shares on 2026-03-07 and 588 shares on 2026-03-08, each at $177.89 per share. The two withholding transactions totaled approximately $210,088. The RSU grant shows an acquisition price of $0.00 (typical for RSU awards).

Key Details

• Transaction dates and amounts:
  • 2026-03-06: Awarded 4,626 RSUs (A) @ $0.00
  • 2026-03-07: 593 shares withheld (F) @ $177.89 = $105,489 (disposed)
  • 2026-03-08: 588 shares withheld (F) @ $177.89 = $104,599 (disposed)
• Total shares withheld for taxes: 1,181; total cash value withheld ≈ $210,088.
• Shares owned after the transactions: not specified in the Form 4 filing.
• Footnotes: RSUs vest in three equal annual installments (33 1/3% per year) beginning March 6, 2027 (F1). The withheld shares were authorized under the RSU award agreement to satisfy tax withholding on previously reported awards (F2).
• Filing: Form 4 was filed on 2026-03-10 covering transactions from 2026-03-06 to 2026-03-08; no late filing flag is indicated.

Context

• These were RSU grant and tax-withholding actions, not open-market sales. Tax-withholding (F) dispositions are routine administrative transactions to satisfy tax obligations and do not necessarily indicate a change in insider sentiment. The RSUs have a multi-year vesting schedule, so economic benefit is tied to future vesting dates.