Form 4: SAIC Director Steven R. Shane Reports Acquisition of Shares

Director Steven R. Shane reports acquisition of 1,451 shares of Science Applications International Corp (SAIC) on June 5, 2024.

Summary

• On June 5, 2024, Steven R. Shane, a director of Science Applications International Corp (SAIC), acquired 1,451 shares of common stock.
• The acquisition was made at a price of $0 per share.
• Following the transaction, Shane directly owns 35,027.2607 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 sentiment is neutral as it's a standard disclosure of share acquisition by a director. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders if it signals confidence from a company insider.

Key Dates