Form 4: SAIC CEO Sells Shares for Tax Obligations

SAIC's CEO, James Reagan, disposed of 8,861 shares of common stock to cover tax liabilities related to equity vesting.

Summary

• James Reagan, CEO and Director of Science Applications International Corp (SAIC), reported a disposition of common stock.
• On February 17, 2026, 8,861 shares of SAIC common stock were disposed of at a price of $86.61 per share.
• The transaction code 'F' indicates a disposition to the issuer to pay tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security or an equity swap.
• Following this transaction, James Reagan directly owns 16,149 shares of common stock.
• Additionally, 1,450 shares are indirectly owned through a Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. A disposition for tax purposes is a routine administrative action for executives and does not reflect a change in the company's fundamental outlook or the executive's confidence in the business.

Positives

• The transaction is a non-discretionary sale to cover tax obligations, indicating a routine event rather than a discretionary sale based on market outlook.

Negatives

• The CEO's direct beneficial ownership of common stock decreased by 8,861 shares.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that tax-related dispositions of shares are a common occurrence for executives receiving equity compensation, and this filing does not provide specific insights into broader industry trends or competitive positioning for the government services and IT sector in which SAIC operates.

Related Party Transactions

• The disposition of shares was made to the issuer (Science Applications International Corp) to satisfy tax withholding obligations, which is a common practice for equity compensation.

Stakeholder Impact

• Shareholders: The reduction in the CEO's direct ownership is minor and is a result of a non-discretionary tax event, unlikely to significantly impact shareholder sentiment or company valuation.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of shares by the CEO to cover tax obligations upon equity vesting. Such a transaction does not provide new information about the company's operational performance, strategic direction, or the executive's discretionary view on the stock's future. Therefore, it does not warrant a change in investment recommendation based solely on this filing. Investors should 'hold' and look to broader financial reports and market conditions for investment decisions.

Keywords

SAIC, Science Applications International Corp, Form 4, Insider Transaction, James Reagan, CEO, Stock Sale, Tax Liability, Common Stock