Form 4: SAIC Director McGuirt Acquires Shares, Disposes of Holdings in Recent Transaction
SEC Form 4 Filing
Director Milford W McGuirt reported acquiring 1,451 shares of SAIC common stock and disposing of 6,341 shares in a transaction dated June 5, 2024.
Summary
- On June 5, 2024, Milford W McGuirt, a director of Science Applications International Corp (SAIC), engaged in a transaction involving the company's common stock.
- McGuirt acquired 1,451 shares of common stock.
- Simultaneously, McGuirt disposed of 6,341 shares of common stock.
- Following these transactions, McGuirt beneficially owns 6,341 shares of SAIC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of the transaction involving the acquisition and disposition of SAIC common stock. |
| 06/06/2024 | Date of signature by Hilary L. Hageman, Attorney-in-fact. |
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