What the executives and directors of Leidos actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| KRAEMER HARRY M JANSEN JR | Director | 226.1K | — | — |
| Bell Thomas Arthur CEO | CEO | 108.7K | — | — |
| Fasano Gerard A Chief Growth Officer | Officer | 101.6K | — | — |
| JOHN MIRIAM E | Director | 101.1K | — | — |
| Cage Christopher R Chief Financial Officer | CFO | 96.7K | — | — |
| Schmanske Mary Vicki Sector President | Officer | 67.8K | — | — |
| Stevens Roy E Sector President | Officer | 64K | — | $493K |
| SHAPARD ROBERT S | Director | 61.7K | — | — |
| HOWE JERALD S JR EVP, General Counsel | Officer | 58.1K | — | — |
| Porter Elizabeth A Sector President | Officer | 49.6K | — | $1.4M |
| Geer Noel B | Director | 46.3K | — | — |
| Moos James Robert Group President | Officer | 44K | — | — |
| Hull Stephen Edward Sector President | Officer | 36.3K | — | $5.9M |
| Gruensfelder Cindy Sector President | Officer | 26.5K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-07 | May Gary Stephen (Director) | Discretionary sale | 1,484 | $132.75 | $197K |
| 2026-04-07 | Porter Elizabeth A (Officer) | Planned sale (10b5-1) | 85 | $159.33 | $14K |
| 2026-04-07 | Porter Elizabeth A (Officer) | Planned sale (10b5-1) | 1,915 | $158.75 | $304K |
| 2026-01-20 | Porter Elizabeth A (Officer) | Planned sale (10b5-1) | 3,000 | $192.21 | $577K |
| 2025-12-19 | Porter Elizabeth A (Officer) | Planned sale (10b5-1) | 697 | $181.55 | $127K |
| 2025-12-19 | Porter Elizabeth A (Officer) | Planned sale (10b5-1) | 2,303 | $180.89 | $417K |
| 2025-09-04 | Hull Stephen Edward (Officer) | Discretionary sale | 12.5K | $178.14 | $2.2M |
| 2025-08-25 | Stevens Roy E (Officer) | Discretionary sale | 2,716 | $181.66 | $493K |
| 2025-08-20 | Hull Stephen Edward (Officer) | Discretionary sale | 12.9K | $178.27 | $2.3M |
| 2025-08-11 | May Gary Stephen (Director) | Discretionary sale | 2,000 | $178.05 | $356K |
| 2025-08-11 | Dahlberg Gregory R (Director) | Discretionary sale | 952 | $177.43 | $169K |
| 2025-08-08 | Hull Stephen Edward (Officer) | Discretionary sale | 7,526 | $176.39 | $1.3M |
| 2025-05-09 | Dahlberg Gregory R (Director) | Discretionary sale | 1,250 | $154.55 | $193K |
| 2025-02-18 | May Gary Stephen (Director) | Discretionary sale | 2,128 | $131.24 | $279K |
| 2025-02-13 | Kovarik Robert C JR (Director) | Discretionary sale | 1,511 | $134.56 | $203K |
| 2024-11-20 | Geer Noel B (Director) | Open-market buy | 2,000 | $161.13 | $322K |
| 2024-11-12 | Stevens Roy E (Officer) | Discretionary sale | 1,137 | $201.60 | $229K |
| 2024-11-07 | MOHAPATRA SURYA N (Director) | Discretionary sale | 2,748 | $194.97 | $536K |
| 2024-10-31 | Kovarik Robert C JR (Director) | Discretionary sale | 1,047 | $184.94 | $194K |
| 2024-08-13 | May Gary Stephen (Director) | Discretionary sale | 1,000 | $144.02 | $144K |
| 2024-08-01 | Kovarik Robert C JR (Director) | Discretionary sale | 1,059 | $145.23 | $154K |
| 2024-08-01 | Bell Thomas Arthur (CEO) | Open-market buy | 1,712 | $145.04 | $248K |
| 2024-05-24 | Stevens Roy E (Officer) | Discretionary sale | 875 | $150.67 | $132K |
| 2024-05-02 | STALNECKER SUSAN M (Director) | Discretionary sale | 3,014 | $141.97 | $428K |
| 2024-05-02 | Kovarik Robert C JR (Director) | Discretionary sale | 1,952 | $142.21 | $278K |
| 2024-03-13 | Fubini David G (Director) | Discretionary sale | 7,874 | $127.89 | $1M |
| 2024-02-21 | May Gary Stephen (Director) | Discretionary sale | 2,745 | $124.49 | $342K |
| 2023-11-22 | MOHAPATRA SURYA N (Director) | Discretionary sale | 2,401 | $105.83 | $254K |
| 2023-11-16 | JOHN MIRIAM E (Director) | Discretionary sale | 7,255 | $105.20 | $763K |
| 2023-11-06 | Geer Noel B (Director) | Discretionary sale | 2,106 | $103.23 | $217K |
| 2023-11-03 | Moos James Robert (Officer) | Planned sale (10b5-1) | 564 | $103.66 | $58K |
| 2023-11-02 | Stevens Roy E (Officer) | Discretionary sale | 929 | $103.20 | $96K |
| 2023-08-04 | KRAEMER HARRY M JANSEN JR (Director) | Discretionary sale | 3,098 | $96.95 | $300K |
| 2023-05-22 | Bell Thomas Arthur (CEO) | Open-market buy | 6,300 | $78.81 | $497K |
| 2023-05-11 | May Gary Stephen (Director) | Discretionary sale | 2,618 | $78.71 | $206K |
| 2023-05-05 | Dahlberg Gregory R (Director) | Open-market buy | 125 | $80.76 | $10K |
| 2023-05-04 | SHAPARD ROBERT S (Director) | Open-market buy | 2,500 | $78.66 | $197K |
| 2023-05-04 | SHAPARD ROBERT S (Director) | Open-market buy | 2,500 | $78.74 | $197K |
| 2023-05-04 | HOWE JERALD S JR (Officer) | Open-market buy | 1,200 | $80.25 | $96K |
| 2022-12-13 | Fubini David G (Director) | Discretionary sale | 6,189 | $109.20 | $676K |
| 2022-12-12 | Cage Christopher R (CFO) | Discretionary sale | 1,601 | $106.51 | $171K |
| 2022-12-05 | Fubini David G (Director) | Discretionary sale | 6,186 | $109.70 | $679K |
| 2022-11-30 | KRONE ROGER A (CEO) | Discretionary sale | 500 | $108.55 | $54K |
| 2022-11-30 | KRONE ROGER A (CEO) | Discretionary sale | 12.9K | $108.06 | $1.4M |
| 2022-11-23 | KRONE ROGER A (CEO) | Discretionary sale | 13.2K | $107.08 | $1.4M |
| 2022-11-15 | KRONE ROGER A (CEO) | Discretionary sale | 800 | $104.86 | $84K |
| 2022-11-15 | KRONE ROGER A (CEO) | Discretionary sale | 24K | $104.17 | $2.5M |
| 2022-11-08 | KRONE ROGER A (CEO) | Discretionary sale | 12.5K | $107.33 | $1.3M |
| 2022-11-08 | KRONE ROGER A (CEO) | Discretionary sale | 12.8K | $108.09 | $1.4M |
| 2022-11-04 | Stevens Roy E (Officer) | Discretionary sale | 1,515 | $103.43 | $157K |
| 2022-08-18 | MOHAPATRA SURYA N (Director) | Discretionary sale | 3,155 | $101.52 | $320K |
| 2022-06-15 | Moos James Robert (Officer) | Discretionary sale | 516 | $98.56 | $51K |
| 2022-05-26 | KRAEMER HARRY M JANSEN JR (Director) | Discretionary sale | 7,274 | $103.18 | $751K |
| 2022-05-09 | May Gary Stephen (Director) | Discretionary sale | 7,299 | $102.35 | $747K |
| 2022-03-23 | KRONE ROGER A (CEO) | Discretionary sale | 100 | $106.77 | $11K |
| 2022-03-23 | KRONE ROGER A (CEO) | Discretionary sale | 25.3K | $106.16 | $2.7M |
| 2022-03-21 | KRONE ROGER A (CEO) | Discretionary sale | 11.4K | $105.81 | $1.2M |
| 2022-03-21 | KRONE ROGER A (CEO) | Discretionary sale | 13.9K | $106.63 | $1.5M |
| 2022-03-03 | JOHN MIRIAM E (Director) | Discretionary sale | 5,000 | $104.07 | $520K |
| 2022-02-25 | Fubini David G (Director) | Discretionary sale | 7,038 | $96.25 | $677K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.