Dahlberg Gregory R 4

What Happened

• Gregory R. Dahlberg, a director of Leidos Holdings, exercised stock options on March 16, 2026 to acquire 3,345 shares at an exercise price of $75.02 per share (total cost $250,942).
• To cover the exercise price and associated taxes/fees, the issuer withheld 1,444 of those shares valued at $173.86 each (worth $251,054). The exercised options were cancelled as part of the transaction.
• Net result: Dahlberg received 1,901 shares (3,345 acquired minus 1,444 withheld). This is a routine option exercise with partial share withholding (cashless-style).

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely).
• Option exercise (code M): 3,345 shares exercised at $75.02 = $250,942.
• Withholding/tax payment (code F): 1,444 shares withheld at $173.86 = $251,054 (footnote: issuer withheld shares to cover the exercise price and fees).
• Derivative cancellation: the option position for 3,345 shares was removed upon exercise (reported as derivative disposition).
• Shares owned after transaction: not stated in the provided filing; net newly acquired shares retained by Dahlberg = 1,901.

Context

• This was an option exercise (not an open-market purchase); withholding of shares to cover exercise/taxes is common and does not necessarily signal a buy or sell decision about the company.
• The withholding effectively made this a partial cashless exercise: some shares were surrendered to cover costs while the remainder were retained.