Form 4: CACI EVP Sells 2,000 Shares Under Pre-Planned Trading

CACI International's EVP and General Counsel, J. William Koegel Jr., sold 2,000 shares of common stock for over $1.2 million in a pre-scheduled transaction.

Summary

• J. William Koegel Jr., Executive Vice President and General Counsel of CACI International Inc, reported a sale of company common stock.
• The transaction involved the disposition of 2,000 shares of CACI Common Stock.
• The shares were sold at a price of $615.0625 per share.
• The total value of the shares sold amounts to approximately $1,230,125.
• Following this transaction, Mr. Koegel beneficially owns 25,931 shares of CACI Common Stock.
• The transaction was executed on February 10, 2026, and was made pursuant to a Rule 10b5-1(c) pre-planned trading arrangement.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly negative event. While an insider sale, the 10b5-1 plan mitigates the negative signal, suggesting a pre-planned financial decision rather than a reaction to adverse company news. The executive also retains a significant stake.

Positives

• The transaction was conducted under a Rule 10b5-1(c) plan, indicating it was pre-scheduled and not necessarily a reaction to recent company performance or outlook, which can mitigate negative investor sentiment often associated with insider sales.
• J. William Koegel Jr. retains a substantial beneficial ownership of 25,931 shares of CACI Common Stock after the sale, demonstrating continued alignment with shareholder interests.

Negatives

• An insider sale, even if pre-planned, represents a reduction in direct ownership by a key executive, which some investors may interpret as a slightly negative signal regarding future prospects or valuation.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those under Rule 10b5-1 plans, are common occurrences in the defense and government contracting industry, reflecting executives' personal financial planning rather than immediate operational shifts. The sale by CACI's EVP is consistent with typical executive portfolio management.

Comparison to Industry Standards

• Insider sales under Rule 10b5-1 plans are a standard practice across publicly traded companies, including those in the government services sector like CACI, SAIC, and Leidos. These plans allow insiders to sell shares at pre-determined times or prices to avoid accusations of trading on material non-public information.
• The volume of shares sold (2,000) represents a relatively small percentage of Mr. Koegel's total holdings (approximately 7.2% of his prior holdings), which is not uncommon for executives managing their personal liquidity while maintaining significant company exposure.

Stakeholder Impact

• Shareholders: May view the insider sale, even if pre-planned, with slight caution as it reduces executive ownership, but the 10b5-1 plan context generally lessens concerns about negative implications for the company's future.

Key Dates

Recommendation

The Form 4 filing reports a routine insider stock sale under a pre-planned 10b5-1 arrangement. While it reduces an executive's direct holdings, the pre-scheduled nature and the executive's retained substantial ownership suggest it's a personal financial management decision rather than a signal of fundamental change in the company's outlook. As such, this single transaction does not provide sufficient new information to warrant a change from a 'hold' recommendation, which implies monitoring the company's broader performance and market conditions.

Keywords

CACI International, CACI, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan