Bell Thomas Arthur 4

What Happened Thomas Arthur Bell (listed as Bell, Thomas Arthur), CEO and Director of Leidos Holdings, had 2,530 shares withheld by the company on May 5, 2026 to satisfy his tax obligation tied to previously awarded restricted stock units (RSUs). The shares were valued at $148.81 each, totaling approximately $376,489. This was a tax-withholding disposition, not an open-market sale or purchase.

Key Details

• Transaction date and price: May 5, 2026 — 2,530 shares at $148.81 per share (total ~$376,489).
• Transaction code: F (share withholding to satisfy tax obligations).
• Shares owned after transaction: Not specified in the excerpted filing.
• Footnote: The withholding was authorized under the restricted stock award agreement (per filing).
• Filing timeliness: Report filed May 6, 2026 (the day after the transaction) — appears timely.

Context This was a routine company withholding to cover taxes on vested RSUs, commonly seen with equity awards and not generally interpreted as a change in the insider’s view of the stock. Tax-withholding dispositions differ from open-market sales because the company retains the shares to meet tax obligations rather than the insider actively selling shares into the market.