Form 4: SAIC Executive Natarajan Prabu Increases Stake in Company
SEC Form 4
EVP and CFO of Science Applications International Corp, Natarajan Prabu, recently acquired 2,000 shares of SAIC common stock.
Summary
- On March 26, 2025, Natarajan Prabu, the EVP and Chief Financial Officer of Science Applications International Corp (SAIC), purchased 2,000 shares of SAIC common stock.
- The shares were bought at a price of $109.5492 per share.
- Following the transaction, Prabu directly owns 57,018 shares and indirectly owns 5,000 shares through a trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects an insider purchase, which can be seen as a positive sign, but it's a single transaction and doesn't provide a comprehensive view of the company's health.
Positives
- The purchase of shares by a high-ranking executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into a company's prospects, although they are not always indicative of future performance.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction: Natarajan Prabu purchased 2,000 shares of SAIC common stock. |
| 03/27/2025 | Date of signature: Hilary L. Hageman, Attorney-in-fact, signed the Form 4 on this date. |
Keywords
SAIC, Natarajan Prabu, insider trading, common stock, EVP, CFO, Form 4, acquisition
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