Leidos (LDOS) Director Noel Geer Sells 10,000 Shares

What Happened
Noel B. Geer, a director of Leidos Holdings, sold a total of 10,000 shares in two open-market transactions on August 11, 2026. The bulk sale was 8,500 shares at $140.59 ($1,195,015) and a smaller sale of 1,500 shares at $141.07 ($211,605), for combined proceeds of approximately $1,406,620. These were outright sales (transaction code S), not option exercises or gifts.

Key Details

• Transaction date: 2026-08-11 (filed on Form 4: 2026-08-13) — filing appears timely.
• Trades: 8,500 shares @ $140.59; 1,500 shares @ $141.07.
• Total proceeds: ≈ $1,406,620.
• Transaction type: Open-market sale (S).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes reported in the supplied data.

Context
This was a sale by a company director. Insider sales are common and can be for many personal or portfolio reasons; they are not, by themselves, a definitive signal about the company’s prospects. Purchases generally attract more attention from investors seeking direct insider conviction.