Science Applications International Corp (SAIC) CEO has 742 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Science Applications International Corp CEO James Reagan reported a routine tax-related share withholding. On this Form 4, 742 shares of common stock were withheld at $113.36 per share to cover tax obligations tied to equity compensation. After this tax-withholding disposition, he directly holds 46,950 common shares and has an additional 1,450 shares reported as indirectly held through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
REAGAN JAMES
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 742 | $113.36 | $84K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 46,950 shares (Direct, null);
Common Stock — 1,450 shares (Indirect, Trust)
Footnotes (1)
Key Figures
Tax-withheld shares: 742 shares
Tax-withholding price: $113.36 per share
Direct holdings after transaction: 46,950 shares
+1 more
4 metrics
Tax-withheld shares
742 shares
Common stock withheld for taxes on 2026-06-03
Tax-withholding price
$113.36 per share
Value assigned to withheld SAIC common stock
Direct holdings after transaction
46,950 shares
SAIC common stock directly owned by CEO after Form 4 event
Indirect trust holdings
1,450 shares
SAIC common stock reported as indirectly owned through a trust
Key Terms
tax-withholding disposition, Common Stock, Trust, indirect ownership
4 terms
tax-withholding disposition financial
"742 shares of common stock were withheld at $113.36 per share to cover tax obligations tied to equity compensation."
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.
Common Stock financial
"742 shares of common stock were withheld at $113.36 per share to cover tax obligations tied to equity compensation."
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.
Trust financial
"he directly holds 46,950 common shares and has an additional 1,450 shares reported as indirectly held through a trust."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
indirect ownership financial
"has an additional 1,450 shares reported as indirectly held through a trust."
FAQ
What insider transaction did SAIC CEO James Reagan report on this Form 4?
James Reagan reported a tax-withholding disposition of 742 SAIC common shares. These shares were withheld by the company to cover tax obligations on equity compensation, rather than sold in the open market, and are a routine administrative event.
What does the F transaction code mean in the SAIC CEO Form 4 filing?
The F code indicates a tax-withholding disposition, where shares are delivered to cover exercise price or tax liability. In this case, 742 shares were used to satisfy taxes on equity compensation, rather than being sold in an open-market trade.