Leidos (LDOS) CFO Christopher Cage Withholds 4,584 Shares for Taxes

What Happened

• Leidos CFO Christopher R. Cage had 4,584 shares of Leidos stock withheld on Aug 4, 2026 to satisfy tax obligations tied to previously granted restricted stock units (RSUs). The shares were valued at $118.72 each, for a total of $544,212. This transaction is a company-authorized tax withholding (transaction code F), not an open-market sale or a new purchase.

Key Details

• Transaction date: 2026-08-04
• Price per share: $118.72; total value: $544,212
• Transaction type/code: Payment of tax liability via share withholding (F)
• Footnote: The shares were withheld by the company to satisfy the reporting person’s tax obligation associated with previously reported RSU awards; withholding was authorized in the award agreement (F1).
• Shares owned after transaction: Not specified in the provided filing
• Filing date/Timeliness: Form 4 filed 2026-08-06; appears timely based on the reported transaction date

Context

• This was a tax-withholding event tied to RSUs (a form of restricted stock award). Such withholdings are routine administrative actions to cover tax liabilities and do not necessarily indicate the insider’s view on the company’s prospects. Purchases by insiders generally convey more directional sentiment than tax withholdings or routine dispositions.