SAIC (NYSE: SAIC) EVP granted 4,206 shares; 285 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Science Applications International Corp executive Srinivas Attili reported routine equity compensation activity. On April 3, 2026, he received a grant of 4,206 shares of Common Stock at no cost as a stock award. On April 4, 2026, 285 shares were disposed of as a tax-withholding transaction, meaning shares were surrendered to cover tax obligations rather than sold on the open market. After these transactions, Attili directly held 17,556 shares of Science Applications International Corp Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Attili Srinivas
Role
EVP, Civilian
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 285 | $100.11 | $29K |
| Grant/Award | Common Stock | 4,206 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,556 shares (Direct)
Footnotes (1)
Key Figures
Stock award: 4,206 shares
Tax-withholding shares: 285 shares
Post-transaction holdings: 17,556 shares
+1 more
4 metrics
Stock award
4,206 shares
Common Stock grant on April 3, 2026
Tax-withholding shares
285 shares
Tax-withholding disposition on April 4, 2026
Post-transaction holdings
17,556 shares
Common Stock directly held after transactions
Implied tax price
$100.11 per share
Price used for 285-share tax-withholding disposition
Key Terms
tax-withholding disposition, grant, award, or other acquisition, Common Stock, Form 4
4 terms
tax-withholding disposition financial
"285 shares were disposed of as a tax-withholding transaction"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock for both reported transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did SAIC executive Srinivas Attili report?
Srinivas Attili reported receiving a stock grant and a related tax-withholding disposition. He was awarded 4,206 SAIC common shares, and 285 shares were later withheld to satisfy tax obligations, leaving him with 17,556 directly held shares after the transactions.
Was the SAIC Form 4 transaction an open-market buy or sell?
The reported Form 4 shows no open-market buys or sells. It reflects a stock award of 4,206 SAIC shares and a 285-share tax-withholding disposition, where shares are surrendered to cover taxes rather than traded in the market.
What type of award did SAIC grant to executive Srinivas Attili?
SAIC granted Srinivas Attili 4,206 shares of common stock as a stock award at a reported price of $0.00 per share, indicating a compensation-related grant rather than a purchase, increasing his direct equity stake in the company.