Form 4: SAIC Executive Prabu Natarajan Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


EVP and CFO of Science Applications International Corp, Prabu Natarajan, reports acquisition and disposal of SAIC common stock.

Summary

  • Prabu Natarajan, EVP and CFO of Science Applications International Corp (SAIC), reported changes in beneficial ownership of SAIC common stock.
  • On April 5, 2024, Natarajan acquired 5,253 shares of common stock at $0.
  • On April 8, 2024, Natarajan disposed of 837 shares of common stock at a price of $129.66.
  • Following these transactions, Natarajan directly owns 58,630 shares of common stock and indirectly owns 3,000 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

  • Shareholders may be interested in the trading activity of company executives as an indicator of their confidence in the company's performance.

Key Dates

DateDescription
04/05/2024Acquisition of 5,253 shares of SAIC common stock.
04/08/2024Disposal of 837 shares of SAIC common stock at $129.66.
04/09/2024Date of signature for the Form 4 filing.

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