secwatch.observer — SEC 8-K summary
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Issuer:     Leidos Holdings, Inc. (LDOS)
CIK:        0001336920
Form:       8-K/A
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001628280-23-010215
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leidos CEO Roger Krone to retire May 3, 2023; formal retirement agreement filed
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- Krone to retire as CEO May 3, 2023; remains full-time employee through July 31, 2023.
- Prorated 2023 bonus target $1.911M; equity grant $4.05M with retirement treatment.
- Consulting period from Aug 1, 2023 to Mar 29, 2024 at $1,000/hour.
- Legal fee reimbursement up to $30,000; non-compete covenants through Mar 2025.
- Krone to step down as Chairman at April 28, 2023 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336920/000162828023010215/0001628280-23-010215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336920/000162828023010215/ldos-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-010215

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer