Norton Nancy A 4
Research Summary
AI-generated summary
Leidos (LDOS) Director Nancy Norton Receives 2,348-Share Awards
What Happened
Nancy A. Norton, a director of Leidos Holdings, Inc. (LDOS), received two awards on May 8, 2026: 1,067 shares granted at $0.00 and a 1,281-share derivative award reported at $0.00. The reported acquisition price for both items is $0.00, reflecting equity awards (not open-market purchases); there was no cash paid by the insider for these grants at the time of the report.
Key Details
- Transaction date: 2026-05-08; Form 4 filed: 2026-05-12 (filed within the standard two-business-day window).
- Awards: 1,067 shares (award/grant) and 1,281 shares classified as a derivative award (total = 2,348 shares). Reported price for both = $0.00.
- Footnote: The derivative award (option) vests and becomes exercisable in full on the earlier of (i) the first anniversary of the grant date or (ii) the date the next annual meeting of stockholders is concluded.
- Shares owned after the transaction are not provided in the details supplied here.
- Transaction type code: A (grant/award); derivative indicates an option or similar instrument, not an immediate sale.
Context
These were equity compensation awards from the company, not purchases or sales in the open market. Awards at $0.00 are common for director compensation and reflect future-value potential rather than an immediate cash investment. The derivative portion is subject to vesting/exercisability per the footnote, meaning the economic benefit depends on future vesting/exercise conditions.