Form 4: SAIC Executive Hageman Reports Equity Transactions
Insider Transaction Report
SAIC's EVP General Counsel, Hilary Hageman, reported the acquisition of 7,542 shares and the disposition of 3,439 shares for tax purposes.
Summary
- Hilary Hageman, EVP General Counsel and Secretary of Science Applications International Corp (SAIC), reported transactions involving the company's common stock.
- On March 4, 2026, Hageman acquired 7,542 shares of common stock at a price of $0.00 per share, likely as part of an equity award or grant.
- On the same date, Hageman disposed of 3,439 shares of common stock at a price of $94.42 per share. This disposition was likely to cover tax obligations related to the vesting or grant of equity (indicated by transaction code 'F').
- Following these transactions, Hageman beneficially owns 23,109 shares of SAIC common stock directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event. The acquisition of shares through an award is positive, while the disposition is a routine tax-related event, not a discretionary sale.
Positives
- Acquisition of 7,542 shares at $0.00 indicates an equity award or grant, which aligns management's interests with shareholders.
- The net increase in beneficial ownership (7,542 acquired 3,439 disposed = 4,103 net increase) suggests continued confidence or retention of equity by the executive.
Negatives
- Disposition of 3,439 shares, although for tax purposes, reduces the executive's direct holding.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that routine Form 4 filings, such as this one, are common for executives receiving equity compensation. The acquisition of shares at $0.00 and subsequent disposition for tax withholding (Code F) is a standard practice for vesting restricted stock units or similar awards across various industries, including government services and technology.
Comparison to Industry Standards
- The structure of executive equity compensation, involving grants and tax-related dispositions, is a common practice consistent with compensation strategies observed in comparable companies within the government contracting and defense technology sectors, such as Leidos Holdings, Inc. (LDOS) or Booz Allen Hamilton Holding Corporation (BAH). These companies frequently use equity awards to incentivize and retain key executives.
Related Party Transactions
- The reported transactions are related party dealings as they involve an executive of the company acquiring and disposing of company stock.
Stakeholder Impact
- Shareholders: The net increase in executive ownership, albeit small, can be seen as a positive signal of alignment with shareholder interests. The disposition for tax purposes is a standard event and has minimal impact on the overall share structure.
- Employees: No direct impact on employees is indicated.
- Management: The transactions reflect the execution of executive compensation plans.
Key Dates
| Date | Description |
|---|---|
| 03/04/2026 | Date of earliest transaction, involving acquisition and disposition of common stock. |
| 03/06/2026 | Signature date of the reporting person. |
Recommendation
holdThis Form 4 filing details routine executive compensation transactions (equity award and tax-related disposition). It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. The net increase in shares held by the executive is a minor positive, but insufficient to alter a broader investment thesis.
Keywords
SAIC, Science Applications International Corp, Hilary Hageman, Insider Trading, Form 4, Equity Award, Stock Grant, Common Stock, Executive Compensation
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