Leidos Holdings, Inc.·4

May 12, 8:57 AM ET

Geer Noel B 4

Research Summary

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Leidos (LDOS) Director Noel B. Geer Receives 2,348-Share Award

What Happened

  • Director Noel B. Geer received equity awards from Leidos Holdings, Inc. on May 8, 2026. The filing reports two grant entries: 1,067 shares acquired at $0.00 and a derivative award for 1,281 shares also recorded at $0.00, for a total of 2,348 shares granted. These were awards/grants (not open‑market purchases or sales).

Key Details

  • Transaction date: May 8, 2026. Form 4 filed: May 12, 2026.
  • Grant details: 1,067 shares (direct award) and 1,281 shares (derivative award), both with an acquisition price of $0.00.
  • Shares owned after the transaction: Not specified in the information provided.
  • 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.
  • Filing timeliness: Form 4 was filed on May 12 reporting the May 8 transaction; no late‑filing flag is indicated in the provided data.

Context

  • These are compensation grants to a director, not purchases or sales; such awards are common for director pay and do not by themselves indicate buying/selling sentiment. The derivative portion appears to be an option or exercisable award subject to the vesting condition noted above; it is not an immediate cash realization.