Form 4: SAIC Executive Vincent P. DiFronzo Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Vincent P. DiFronzo of Science Applications International Corp (SAIC) reports the disposal of common stock to cover tax obligations.
Summary
- On April 1, 2024, Vincent P. DiFronzo, an Executive Vice President at Science Applications International Corp (SAIC), disposed of 134 shares of common stock at a price of $130.39.
- Following this transaction, DiFronzo directly owns 6,755 shares of SAIC common stock.
- On April 2, 2024, Vincent P. DiFronzo, disposed of 136 shares of common stock at a price of $130.31.
- DiFronzo also indirectly owns 1,257 shares through a trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents routine transactions related to tax obligations and does not inherently indicate a positive or negative outlook on the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Disposal of 134 shares of common stock at $130.39. |
| 04/02/2024 | Disposal of 136 shares of common stock at $130.31. |
| 04/03/2024 | Date of signature by Attorney-in-fact, Hilary L. Hageman. |
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