Form 4: SAIC Director Steven R. Shane Executes Stock Options and Disposes of Shares
SEC Form 4
Director Steven R. Shane exercised stock options and disposed of shares of Science Applications International Corp (SAIC) on March 27, 2025.
Summary
- On March 27, 2025, Steven R. Shane, a director of Science Applications International Corp (SAIC), executed stock options to acquire 2,398 shares of common stock at a price of $87.67 per share.
- Following the exercise of these options, Shane disposed of 1,919 shares to cover tax obligations at a price of $109.6.
- After these transactions, Shane directly owns 35,506.2607 shares of SAIC common stock.
- Shane also indirectly owns 1,000 shares through his wife's trust and 334 shares through his wife's second trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which is neutral in sentiment. It simply reports facts without expressing any positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors. It's common for executives to exercise stock options and sell a portion of the acquired shares to cover taxes.
Comparison to Industry Standards
- Comparing Steven R. Shane's transactions to those of other directors in similar technology and government contracting companies would provide a benchmark.
- Companies like Leidos, Booz Allen Hamilton, and CACI International could be used for comparison.
- Analyzing the frequency and size of insider transactions in these companies can help determine if Shane's activity is typical or unusual.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
- The disposal of shares to cover taxes is a common practice and generally does not significantly affect stakeholder value.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of stock option exercise and share disposal. |
| 06/05/2025 | Expiration date of the stock options. |
| 03/31/2025 | Date of signature by Attorney-in-fact. |
Keywords
SAIC, Director, Stock Options, Share Disposal, Beneficial Ownership, Steven R. Shane
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