Form 4: SAIC Director John K. Tien Jr. Acquires 704 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director John K. Tien Jr. acquired 704 shares of Science Applications International Corp (SAIC) common stock on December 6, 2024.

Summary

  • John K. Tien Jr., a director at Science Applications International Corp (SAIC), acquired 704 shares of the company's common stock on December 6, 2024.
  • The shares were acquired directly by Mr. Tien.
  • The transaction was reported in a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 6

Explanation: The document is a routine filing and does not indicate any significant positive or negative sentiment. The acquisition of shares by a director is generally viewed as a positive sign, but it is a small transaction.

Positives

  • The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • Similar filings are made by directors and officers of companies like Lockheed Martin (LMT), General Dynamics (GD), and Northrop Grumman (NOC) when they trade their company's stock.

Stakeholder Impact

  • The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
12/06/2024Date of the stock acquisition by John K. Tien Jr.
12/09/2024Date of the signature on the Form 4 filing.

Keywords

SAIC, insider trading, Form 4, stock acquisition, John K. Tien Jr., director

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