Form 4: SAIC Director Steven R. Shane Acquires Common Stock Under Pre-Arranged 10b5-1 Plan
Insider Transaction Report
Science Applications International Corp (SAIC) Director Steven R. Shane acquired 1,644 shares of common stock at $103.43 per share on June 4, 2025, pursuant to a Rule 10b5-1 trading plan.
Summary
- Steven R. Shane, a Director of 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.
- This acquisition was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating a pre-scheduled transaction.
- Following this transaction, Mr. Shane directly beneficially owns 37,150.2607 shares of SAIC common stock.
- Additionally, Mr. Shane indirectly beneficially owns 1,000 shares through his wife's trust and 334 shares through his wife's second trust.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, particularly under a pre-arranged 10b5-1 plan, generally signals confidence in the company's future prospects and is viewed positively by the market.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects and valuation.
- The transaction was executed under a Rule 10b5-1 plan, which indicates a pre-planned, non-discretionary purchase, often reflecting long-term confidence.
Negatives
- No negative information was disclosed in this Form 4 filing.
Future Outlook
This Form 4 filing does not provide specific future outlook or guidance from the company.
Industry Context
This insider transaction reflects a director's individual investment decision within the defense and government services industry, but the document does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders may view the director's acquisition of shares as a positive signal of management's confidence in the company's future performance and valuation.
Key Dates
| Date | Description |
|---|---|
| 06/04/2025 | Date of common stock acquisition by Director Steven R. Shane. |
| 06/05/2025 | Date the Form 4 filing was signed and submitted. |
Recommendation
holdKeywords
SAIC, Science Applications International Corp, Steven R. Shane, Director, Insider Trading, Form 4, Stock Acquisition, 10b5-1 Plan, Common Stock
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