Form 4: SAIC Executive Vincent P. DiFronzo Reports Charitable Donation of Shares
SEC Form 4 Filing
Executive Vice President of SAIC, Vincent P. DiFronzo, reports a donation of 3,155 shares of common stock to a donor-advised fund on December 26, 2024.
Summary
- Vincent P. DiFronzo, an Executive Vice President at Science Applications International Corp (SAIC), filed a Form 4 on December 26, 2024.
- The form reports a transaction where Mr. DiFronzo donated 3,155 shares of SAIC common stock to a donor-advised fund.
- The donation was made on December 26, 2024.
- Following the transaction, Mr. DiFronzo directly owns 3,264 shares and indirectly owns 3,975 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a common transaction. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing reflects a charitable donation, which is a common practice among executives.
Stakeholder Impact
- The donation of shares to a donor-advised fund has a positive impact on the charitable organizations that will benefit from the funds.
Key Dates
| Date | Description |
|---|---|
| 12/26/2024 | Date of the share donation transaction and filing of Form 4. |
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