Form 4: SAIC Executive Prabu Natarajan Reports Stock Disposals

EVP and CFO of Science Applications International Corp, Prabu Natarajan, reports disposing of common stock to cover tax obligations.

Summary

• Prabu Natarajan, EVP and Chief Financial Officer of Science Applications International Corp (SAIC), filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the disposal of SAIC common stock on April 1, 2024, and April 2, 2024, to satisfy tax obligations.
• On April 1, 2024, 979 shares were disposed of at a price of $130.39.
• On April 2, 2024, 1,138 shares were disposed of at a price of $130.31.
• Following these transactions, Natarajan directly owns 54,214 shares of SAIC common stock and indirectly owns 3,000 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

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 disposal of shares by an executive could be perceived negatively by some shareholders, although it is often a routine transaction for tax purposes.

Key Dates