February 8, 2024 · Form 4 insider transaction
Cook Stephen Allen sold 350 shares of Leidos Holdings, Inc. at $113.08 per share, a transaction worth $39.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
These shares were withheld by the Company to satisfy the reporting person's tax obligation associated with the settlement of performance shares. This share withholding was authorized in the performance share award agreement.