Form 4: SAIC Executive David C. Ray Reports Stock Transactions
SEC Form 4 Filing
David C. Ray, an EVP at Science Applications International Corp (SAIC), reported acquiring and disposing of company stock in recent transactions.
Summary
- David C. Ray, an Executive Vice President at Science Applications International Corp (SAIC), filed a Form 4 detailing changes in beneficial ownership.
- On April 5, 2024, Ray acquired 1,545 shares of SAIC common stock.
- On April 8, 2024, Ray disposed of 237 shares of common stock at a price of $129.66 per share.
- Following these transactions, Ray directly owns 8,771 shares of SAIC common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to SAIC shareholders as they provide insight into the actions of a company executive.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Ray acquired 1,545 shares of SAIC common stock. |
| 04/08/2024 | Ray disposed of 237 shares of common stock at $129.66 per share. |
| 04/09/2024 | Date of signature by Hilary L. Hageman, Attorney-in-fact. |
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