Leidos Holdings Updates Executive Compensation Arrangements
Ticker: LDOS · Form: 8-K · Filed: Jan 17, 2024 · CIK: 1336920
| Field | Detail |
|---|---|
| Company | Leidos Holdings, Inc. (LDOS) |
| Form Type | 8-K |
| Filed Date | Jan 17, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1,200 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-compensation, corporate-governance, 8-K
TL;DR
**Leidos is changing how it pays its top brass, watch for impact on exec incentives.**
AI Summary
Leidos Holdings, Inc. filed an 8-K on January 17, 2024, to report changes in its executive compensation arrangements. This filing indicates that the company is updating how it compensates its top officers, which could impact future financial performance and executive retention. For investors, this matters because executive compensation structures can influence management's incentives and ultimately the company's strategic direction and profitability.
Why It Matters
Changes in executive compensation can signal shifts in company strategy or a focus on retaining key talent, directly impacting investor confidence and future operational costs.
Risk Assessment
Risk Level: low — This filing primarily concerns routine updates to executive compensation arrangements, which typically carry a low direct risk to the company's immediate financial health.
Analyst Insight
Investors should monitor future proxy statements (DEF 14A) for detailed information on the specific changes to executive compensation, as these details will provide a clearer picture of potential impacts on company performance and executive incentives.
Key Players & Entities
- Leidos Holdings, Inc. (company) — registrant
- January 17, 2024 (date) — date of earliest event reported
- 001-33072 (other) — Commission File Number
- 20-3562868 (other) — I.R.S. Employer Identification No.
- LDOS (other) — Trading symbol for common stock
FAQ
What is the purpose of this 8-K filing by Leidos Holdings, Inc.?
The 8-K filing by Leidos Holdings, Inc. on January 17, 2024, reports on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 17, 2024.
What is the trading symbol and exchange for Leidos Holdings, Inc.'s common stock?
Leidos Holdings, Inc.'s common stock trades under the symbol LDOS on the New York Stock Exchange.
What is the address of Leidos Holdings, Inc.'s principal executive office?
The principal executive office of Leidos Holdings, Inc. is located at 1750 Presidents Street, Reston, Virginia 20190.
What was the former name of Leidos Holdings, Inc.?
The former name of Leidos Holdings, Inc. was SAIC, Inc., with the name change occurring on August 23, 2005.
Filing Stats: 788 words · 3 min read · ~3 pages · Grade level 10.2 · Accepted 2024-01-17 16:37:42
Key Financial Figures
- $1,200 — to the Agreement, Mr. Howe will receive $1,200 per hour in consideration for consultin
Filing Documents
- ldos-20240117.htm (8-K) — 35KB
- exhibit101-consultingemplo.htm (EX-10.1) — 8KB
- exhibit991-pressreleasexja.htm (EX-99.1) — 8KB
- 0001628280-24-001514.txt ( ) — 181KB
- ldos-20240117.xsd (EX-101.SCH) — 2KB
- ldos-20240117_lab.xml (EX-101.LAB) — 24KB
- ldos-20240117_pre.xml (EX-101.PRE) — 12KB
- ldos-20240117_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit 10.1 Consulting Employee Agreement, dated January 17, 2024. Exhibit 99.1 Press Release dated January 17, 2024, issued by Leidos Holdings, Inc. Exhibit 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL and contained in Exhibit 101. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LEIDOS HOLDINGS, INC. Date: January 17, 2024 By: /s/ Jerald S. Howe, Jr. Jerald S. Howe, Jr. Its: General Counsel and Corporate Secretary