Form 4: SAIC Director James Reagan Acquires Over $170,000 in Company Stock

Sentiment:

Insider Transaction Report


Science Applications International Corp (SAIC) Director James Reagan acquired 1,644 shares of common stock at $103.43 per share, increasing his beneficial ownership to 5,811 shares.

Summary

  • James Reagan, a Director at Science Applications International Corp (SAIC), acquired 1,644 shares of SAIC common stock.
  • The transaction occurred on June 4, 2025, with shares purchased at a price of $103.43 per share.
  • The total value of the acquired shares is approximately $170,099.72.
  • Following this acquisition, Mr. Reagan's direct beneficial ownership in SAIC common stock increased to 5,811 shares.
  • The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as an insider acquisition typically signals confidence in the company's prospects, although the amount is not exceptionally large relative to the company's market capitalization.

Positives

  • The acquisition of shares by a company director, James Reagan, can signal confidence in the company's future prospects and valuation.
  • The transaction was executed under a Rule 10b5-1(c) plan, suggesting a pre-planned investment strategy rather than a reaction to immediate market conditions.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider transactions, such as this acquisition by a director, are routine disclosures in the financial industry. They are often monitored by investors for signals about management's confidence in the company's future performance, particularly in the defense and government services sector where SAIC operates.

Stakeholder Impact

  • Shareholders may view this insider purchase as a positive signal, potentially increasing confidence in the company's stock.

Key Dates

DateDescription
06/04/2025Date of transaction for the acquisition of common stock by James Reagan.
06/05/2025Date the Form 4 was signed by Hilary L. Hageman, Attorney-in-fact for James Reagan.

Keywords

SAIC, Science Applications International Corp, Form 4, Insider Trading, Stock Acquisition, Director, James Reagan, Common Stock, Beneficial Ownership

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