Form 4: SAIC Executive Barbara Supplee Acquires Shares in Open Market Transaction

EVP of Navy at Science Applications International Corp, Barbara Supplee, purchased 425 shares of common stock on the open market.

Summary

• Barbara Supplee, an Executive Vice President at Science Applications International Corp (SAIC), acquired 425 shares of SAIC common stock.
• The transaction occurred on December 11, 2024, at a price of $116.36 per share.
• Following this purchase, Ms. Supplee directly owns 3,579 shares of SAIC common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine insider transaction, which is generally neutral. The purchase could be seen as a slightly positive signal, but it's not a major event.

Positives

• The purchase indicates a potential positive sentiment from an executive regarding the company's future prospects.
• The transaction increases the executive's stake in the company, aligning her interests with those of shareholders.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to buy or sell shares of their company's stock, and these transactions are publicly disclosed through SEC filings.

Comparison to Industry Standards

• Executive stock purchases are a common occurrence in publicly traded companies like SAIC.
• These transactions are typically viewed as a sign of confidence in the company's future performance, but they can also be part of a pre-planned trading strategy.
• Comparable companies in the defense and technology sectors also have executives who regularly trade their company's stock, with similar SEC filings required.

Stakeholder Impact

• The purchase may have a minor positive impact on shareholder sentiment, as it indicates confidence from an executive.

Key Dates

Keywords

SAIC, insider trading, stock purchase, executive, common stock, Barbara Supplee, open market