Form 4: SAIC Director Donna Morea Gifts Shares Under Pre-Arranged Plan

Science Applications International Corp. Director Donna Morea reported gifting 950 shares of common stock, reducing her direct beneficial ownership to 34,521.2607 shares, as per a Form 4 filing.

Summary

• Donna S. Morea, a Director of Science Applications International Corp. (SAIC), reported a transaction involving the company's common stock.
• The transaction, which occurred on June 18, 2025, was a gift (Transaction Code 'G') of 950 shares of SAIC Common Stock.
• The shares were disposed of at a price of $0 per share, consistent with a gift.
• Following this transaction, Ms. Morea's direct beneficial ownership in SAIC stands at 34,521.2607 shares.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (gift of shares) by a director, which is generally neutral in terms of company sentiment. The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned event.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged, non-discretionary transaction, which helps mitigate concerns about opportunistic insider trading.

Negatives

• The transaction represents a reduction in direct beneficial ownership by a director, although it was a gift rather than a sale for cash.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a standard disclosure for insider transactions, providing transparency into changes in beneficial ownership by company directors and officers. It does not provide broader industry context or trends.

Related Party Transactions

• The reported transaction is a gift of shares by a director, which constitutes an insider transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact due to the small number of shares involved relative to the company's total outstanding shares. It represents a slight reduction in insider ownership.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction.

Key Dates

Keywords

SAIC, Science Applications International Corp, Form 4, insider transaction, stock gift, director, beneficial ownership, Rule 10b5-1