Science Applications (NYSE: SAIC) lists David Cush with zero holdings
Rhea-AI Filing Summary
Science Applications International Corp (SAIC) filed an initial Form 3 reporting that David C. Cush is a director of the company. The filing does not list any equity holdings or derivative positions for him, indicating no reportable beneficial ownership at the time of filing.
Positive
- None.
Negative
- None.
Key Terms
Form 3, ten percent owner, beneficial ownership
3 terms
Form 3 regulatory
"filed an initial <b>Form 3</b> reporting that David C. Cush is a director"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
ten percent owner regulatory
"is_ten_percent_owner: 0 indicates he is not a ten percent owner"
beneficial ownership regulatory
"The Form 3 is an initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does this Form 3 filing report for SAIC (ticker SAIC)?
It reports that David C. Cush is a director of Science Applications International Corp. The Form 3 is an initial statement of beneficial ownership and, in this case, shows no reportable equity or derivative holdings for him at the time of the filing.
Does the SAIC Form 3 show any insider buy or sell transactions?
No. The Form 3 includes no transactions. All buy, sell, acquire, and dispose counts are zero, and the net buy/sell direction is classified as neutral, meaning only status, not trading activity, is being reported.
What is David C. Cush’s role at Science Applications International Corp (SAIC)?
David C. Cush is reported as a director of Science Applications International Corp. He is not listed as an officer and is not identified as a ten percent owner in this Form 3 filing.
Does this SAIC Form 3 indicate use of a Rule 10b5-1 trading plan?
No. The Form 3 data show the Rule 10b5-1 checkbox field as null, and there are no transactions or footnotes describing any Rule 10b5-1 or pre-arranged trading plan for David C. Cush.
AI-generated analysis. How Rhea-AI works. Not financial advice.