Form 4: SAIC Executive Buys Shares Under 10b5-1 Plan

Science Applications International Corp's EVP, Civilian, Srinivas Attili, acquired 100 shares of common stock at $101.26 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Srinivas Attili, Executive Vice President for Civilian at Science Applications International Corp (SAIC), purchased 100 shares of SAIC common stock.
• The transaction occurred on December 31, 2025.
• The shares were acquired at a price of $101.26 per share.
• This transaction was executed pursuant to a Rule 10b5-1(c) trading plan, indicating a pre-scheduled purchase.
• Following this purchase, Attili beneficially owns 13,635 shares of SAIC common stock directly.

Sentiment

Score: 7

Explanation: A score of 7 reflects a moderately positive sentiment. An executive buying shares, even a small amount, signals confidence. The 10b5-1 plan mitigates concerns about opportunistic timing, making it a neutral-to-positive event.

Positives

• An executive purchasing company stock can signal confidence in the company's future prospects and alignment with shareholder interests.
• The transaction was conducted under a Rule 10b5-1 plan, which indicates a pre-scheduled purchase not based on immediate, non-public insider information.

Future Outlook

The transaction, executed under a Rule 10b5-1 plan, reflects a pre-scheduled purchase, but does not provide explicit forward-looking statements or guidance from the company.

Industry Context

Insider purchases, especially by high-level executives, are often viewed by the market as a positive signal, suggesting management's belief in the company's future performance. For defense and government services contractors like SAIC, executive stock ownership can align management interests with shareholder value, which is a common practice across the industry.

Comparison to Industry Standards

• Insider buying activity is a common occurrence across all industries, including the defense and government services sector where SAIC operates.
• The use of a Rule 10b5-1 plan for executive stock transactions is a standard corporate governance practice, providing an affirmative defense against insider trading allegations by pre-scheduling trades.
• The size of this particular transaction (100 shares) is relatively small compared to typical institutional trades or larger executive compensation packages, but still represents a direct investment by an executive.

Related Party Transactions

• The transaction involves an executive (Srinivas Attili) purchasing shares of the company (SAIC) he works for, which is a common form of related party transaction in the context of insider trading regulations.

Stakeholder Impact

• Shareholders: May view the executive's purchase as a positive signal of confidence in the company's future performance, potentially influencing investor sentiment.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

While an executive's purchase of company stock is generally a positive signal, the small size of this particular transaction (100 shares) and its execution under a pre-arranged 10b5-1 plan suggest it is not a strong catalyst for a 'buy' recommendation. It reinforces a 'hold' position, indicating management's continued confidence without providing new, significant upside.

Keywords

SAIC, Science Applications International Corp, Insider Trading, Form 4, Stock Purchase, Executive Compensation, 10b5-1 Plan, Srinivas Attili