Leidos Holdings Elects New Directors, Adjusts Executive Compensation
Ticker: LDOS · Form: 8-K · Filed: Oct 25, 2024 · CIK: 1336920
| Field | Detail |
|---|---|
| Company | Leidos Holdings, Inc. (LDOS) |
| Form Type | 8-K |
| Filed Date | Oct 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-of-directors, executive-compensation
Related Tickers: LDOS
TL;DR
Leidos adds 2 directors, updates exec pay. Board shakeup incoming?
AI Summary
Leidos Holdings, Inc. announced on October 25, 2024, changes in its board of directors and executive compensation arrangements. Specifically, the company elected two new directors, Ms. Karen L. Dahut and Mr. John J. Hamre, to its Board of Directors, effective immediately. Additionally, the company entered into new employment agreements with certain executive officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance, impacting investor confidence.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director elections and compensation adjustments, which typically carry low inherent risk.
Key Players & Entities
- Leidos Holdings, Inc. (company) — Registrant
- Karen L. Dahut (person) — Newly Elected Director
- John J. Hamre (person) — Newly Elected Director
- October 25, 2024 (date) — Effective Date of Director Election
FAQ
Who are the newly elected directors to Leidos Holdings, Inc.'s Board?
Ms. Karen L. Dahut and Mr. John J. Hamre were elected to the Board of Directors.
When were the new directors elected?
The election of the new directors was effective October 25, 2024.
What other significant event is reported in this 8-K filing?
The filing also reports on compensatory arrangements of certain officers.
What is the principal executive office address for Leidos Holdings, Inc.?
The address is 1750 Presidents Street, Reston, Virginia 20190.
What is the SIC code for Leidos Holdings, Inc.?
The Standard Industrial Classification code is 7373, for SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.
Filing Stats: 690 words · 3 min read · ~2 pages · Grade level 12.6 · Accepted 2024-10-25 16:35:34
Filing Documents
- ldos-20241025.htm (8-K) — 35KB
- exhibit32-amendedandrestat.htm (EX-3.2) — 247KB
- 0001628280-24-043822.txt ( ) — 443KB
- ldos-20241025.xsd (EX-101.SCH) — 2KB
- ldos-20241025_lab.xml (EX-101.LAB) — 21KB
- ldos-20241025_pre.xml (EX-101.PRE) — 12KB
- ldos-20241025_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit 3.2 Amended and Restated Bylaws of 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: October 25, 2024 By: /s/ Brian Z. Liss Brian Z. Liss Its: SVP, Deputy General Counsel and Corporate Secretary