Form 4: SAIC Executive David C. Ray Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President David C. Ray of Science Applications International Corp (SAIC) reports acquisition and disposal of company stock on March 12, 2024.
Summary
- On March 12, 2024, David C. Ray, an Executive Vice President at Science Applications International Corp (SAIC), reported transactions involving SAIC common stock.
- Ray acquired 2,236 shares of common stock at $0.
- Ray disposed of 777 shares of common stock at a price of $140.73.
- Following these transactions, Ray directly owns 8,068 shares of SAIC common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The reported transactions may have a minor impact on shareholders, potentially influencing market perception of executive confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of stock transactions: acquisition of 2,236 shares and disposal of 777 shares. |
| 03/14/2024 | Date of signature by Hilary L. Hageman, Attorney-in-fact. |
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