Fubini David G 4
Research Summary
AI-generated summary
Leidos (LDOS) Director David Fubini Receives 2,348-Share Award
What Happened
- David G. Fubini, a director of Leidos Holdings, received equity awards on May 8, 2026: 1,067 shares reported as a direct award and 1,281 shares reported as a derivative award (total 2,348 shares). Both awards show an acquisition price of $0, so the reported cash consideration is $0. These are grants (compensation/awards), not open-market purchases or sales.
Key Details
- Transaction date: 2026-05-08; Form 4 filed 2026-05-12 (timely — within the two-business-day reporting window).
- Award details: 1,067 shares (direct award) and 1,281 derivative shares (reported as A = award/grant).
- Reported price/value: $0 per share for both items; total reported cash outlay $0.
- Vesting note: Footnote F1 — the derivative/option will vest and become 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 transaction: Not reported in the supplied filing details.
- Filing timeliness: Filed on May 12 for a May 8 grant — appears timely (not marked late).
Context
- These entries are grants (compensation awards) rather than purchases or sales. For retail investors, grants indicate the company is issuing equity to a director as part of compensation; they do not by themselves signal buying or selling pressure in the market. The derivative element carries a vesting condition (see footnote), meaning the shares may not be transferable or exercisable immediately.