Form 4: SAIC CEO Toni Townes-Whitley Reports Routine Stock Disposition for Tax Withholding
Insider Transaction Report
Science Applications International Corp (SAIC) CEO Toni Townes-Whitley reported the disposition of 3,612 shares of common stock at $103.8 per share, primarily for tax withholding, maintaining a beneficial ownership of 64,854 shares.
Summary
- Toni Townes-Whitley, Chief Executive Officer and Director of Science Applications International Corp (SAIC), filed a Form 4.
- The filing reports a transaction on June 12, 2025, involving the disposition of 3,612 shares of SAIC Common Stock.
- The transaction code 'F' indicates a disposition to the issuer to satisfy tax withholding obligations.
- The shares were disposed of at a price of $103.8 per share.
- Following this transaction, Ms. Townes-Whitley beneficially owns 64,854 shares of SAIC Common Stock.
Sentiment
Score: 5
Explanation: A Form 4 filing for tax withholding is a routine compliance event and does not typically indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
This Form 4 filing is a routine disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing is a standard regulatory disclosure of an insider stock transaction and does not provide specific insights into broader industry trends or competitive dynamics. Such transactions are common for executives receiving equity compensation.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive stock ownership and routine transactions, confirming the CEO's continued significant stake in the company.
Key Dates
| Date | Description |
|---|---|
| 06/12/2025 | Date of earliest transaction (disposition of shares). |
| 06/13/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Recommendation
holdKeywords
SAIC, Science Applications International Corp, Toni Townes-Whitley, Form 4, Insider Transaction, Stock Disposition, CEO, Director, Common Stock
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