SAIC (SAIC) director Milford McGuirt granted 1,886 shares in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Science Applications International Corp director Milford W. McGuirt received a share award that increased his direct holdings. On 2026-06-03, he acquired 1,886 shares of common stock in a grant at a stated price of $0.00 per share, a typical structure for equity compensation. After this award, his direct ownership rose to 10,371 shares of common stock, indicating a larger personal stake in the company but reflecting a routine compensation-related transaction rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McGuirt Milford W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,886 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,371 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 1,886 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 10,371 shares
+1 more
4 metrics
Shares granted
1,886 shares
Grant of SAIC common stock on 2026-06-03
Grant price per share
$0.00 per share
Equity award structure, not open-market purchase
Shares owned after transaction
10,371 shares
Director’s direct holdings following the grant
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
Form 4, transaction code "A", equity compensation, common stock
4 terms
Form 4 regulatory
"What did SAIC director Milford W. McGuirt report in this 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.
transaction code "A" regulatory
"Transaction code "A" designates a grant, award, or other acquisition of shares."
equity compensation financial
"The shares were awarded at a stated price of $0.00 per share, reflecting equity compensation rather than a cash purchase."
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
common stock financial
"He reported receiving a grant of 1,886 shares of SAIC common stock."
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.
FAQ
What did SAIC director Milford W. McGuirt report in this Form 4?
He reported receiving a grant of 1,886 shares of SAIC common stock. The shares were awarded at a stated price of $0.00 per share, reflecting equity compensation rather than a cash purchase in the open market.
Was the SAIC (SAIC) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows an "A" code transaction, described as a grant or award acquisition. The 1,886 shares were granted at $0.00 per share, indicating compensation rather than an open-market buy order.
Does the SAIC director’s Form 4 filing indicate any stock sales?
The filing does not report any stock sales. It records one acquisition transaction coded "A" for 1,886 shares, increasing Milford W. McGuirt’s direct holdings of SAIC common stock to 10,371 shares after the award.
What does transaction code "A" mean in the SAIC (SAIC) Form 4?
Transaction code "A" designates a grant, award, or other acquisition of shares. In this case, it reflects 1,886 SAIC common shares granted to director Milford W. McGuirt, rather than a purchase on the open market.