Form 4: SAIC Executive Acquires Shares in Recent Transaction
SEC Form 4 Filing
Srinivas Attili, EVP at Science Applications International Corp (SAIC), acquired 11,336 shares of common stock on June 7, 2024.
Summary
- On June 7, 2024, Srinivas Attili, an Executive Vice President at Science Applications International Corp (SAIC), acquired 11,336 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Attili directly owns 11,336 shares of SAIC common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating an executive's stock transaction. The acquisition itself can be seen as slightly positive, but the document is primarily informational.
Positives
- An executive's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of the transaction where Srinivas Attili acquired shares of SAIC common stock. |
| 06/10/2024 | Date of signature by Hilary L. Hageman, Attorney-in-fact. |
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