Form 4: SAIC Director Steven R. Shane Acquires Common Stock Under Pre-Arranged 10b5-1 Plan

Sentiment:

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

DateDescription
06/04/2025Date of common stock acquisition by Director Steven R. Shane.
06/05/2025Date the Form 4 filing was signed and submitted.

Recommendation

hold

Keywords

SAIC, Science Applications International Corp, Steven R. Shane, Director, Insider Trading, Form 4, Stock Acquisition, 10b5-1 Plan, Common Stock

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