Form 4: SAIC Executive Hilary Hageman Increases Stake in Company
SEC Form 4 Filing
EVP Hilary Hageman recently purchased 100 shares of Science Applications International Corp (SAIC) at a price of $125.75 per share.
Summary
- Hilary Hageman, an Executive Vice President at Science Applications International Corp (SAIC), has reported a transaction involving the company's stock.
- On April 12, 2024, Hageman purchased 100 shares of SAIC common stock at a price of $125.75 per share.
- Following this transaction, Hageman directly owns 18,507 shares of SAIC.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares suggests confidence, but the quantity is small and may not be highly significant.
Positives
- An executive's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Executive stock purchases are common and closely watched as indicators of management's sentiment about the company's prospects. This transaction is a routine disclosure under Section 16(a) of the Securities Exchange Act of 1934.
Comparison to Industry Standards
- Executive stock ownership is a common practice across publicly traded companies.
- Comparing Hageman's ownership to other executives in similar roles at comparable companies (e.g., Leidos, Booz Allen Hamilton) would provide context on the significance of this holding.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/12/2024 | Date of the transaction: Hilary Hageman purchased 100 shares of SAIC stock. |
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