Form 4: SAIC EVP, CHRO Michelle A. O'Hara Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Michelle A. O'Hara, EVP, CHRO of Science Applications International Corp (SAIC), reports the acquisition of 5,730 shares of common stock and the disposal of 1,803 shares for tax withholding.
Summary
- On March 12, 2024, Michelle A. O'Hara, EVP, CHRO of Science Applications International Corp (SAIC), acquired 5,730 shares of common stock.
- These shares were awarded as part of a management stock compensation plan.
- On the same day, O'Hara disposed of 1,803 shares of common stock at a price of $140.73 for tax withholding purposes.
- Following these transactions, O'Hara directly owns 30,165 shares of SAIC common stock and indirectly owns 2,390.1519 shares through a management stock compensation plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine stock transactions related to compensation and tax obligations.
Positives
- The acquisition of shares indicates continued alignment of management's interests with shareholders.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair market practices.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of stock acquisition and disposition |
| 03/14/2024 | Date of signature by Attorney-in-fact |
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