Science Applications International (NYSE: SAIC) director exercises options, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Science Applications International Corp director Donna S. Morea exercised stock options for 2,876 shares of common stock at an exercise price of $77.65 per share. These options were fully vested. In connection with the exercise, 2,243 shares were withheld at $99.57 per share to cover tax obligations, a non-market disposition. Following these transactions, she directly holds 35,154.2607 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,876 shares exercised/converted
Mixed
3 txns
Insider
MOREA DONNA S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,876 | $0.00 | -- |
| Exercise | Common Stock | 2,876 | $77.65 | $223K |
| Tax Withholding | Common Stock | 2,243 | $99.57 | $223K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 37,397.261 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 2,876 shares
Option exercise price: $77.65 per share
Shares withheld for taxes: 2,243 shares
+2 more
5 metrics
Options exercised
2,876 shares
Stock option exercise on 2026-04-07
Option exercise price
$77.65 per share
Exercise price for 2,876 options
Shares withheld for taxes
2,243 shares
Tax-withholding disposition at $99.57 per share
Tax withholding price
$99.57 per share
Value used for 2,243 withheld shares
Shares owned after transactions
35,154.2607 shares
Direct SAIC common stock holdings post-transaction
Key Terms
Stock Option (Right to Buy), derivative exercise/conversion, tax-withholding disposition, Fully vested
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
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.
Fully vested financial
"footnote text: "Fully vested.""
FAQ
What insider transactions did SAIC director Donna Morea report on this Form 4?
Donna S. Morea reported exercising stock options for 2,876 SAIC common shares at $77.65 per share. She also had 2,243 shares withheld at $99.57 per share to satisfy tax obligations related to this fully vested option exercise.
Did SAIC director Donna Morea buy or sell SAIC stock in the open market?
The filing shows an option exercise and tax-withholding disposition, not an open-market trade. Shares were acquired through exercising options and a portion was withheld by the company at $99.57 per share to cover taxes, rather than sold on the market.
What does the F transaction code mean in the SAIC Form 4 for Donna Morea?
The F code represents shares withheld to pay the exercise price or tax liability. In this case, 2,243 SAIC common shares were withheld at $99.57 per share to cover tax obligations tied to the option exercise, not an open-market sale.
Were the SAIC stock options exercised by Donna Morea already vested?
Yes. A footnote clarifies the options were "Fully vested." She exercised options covering 2,876 SAIC common shares at an exercise price of $77.65 per share, indicating these awards had fully vested before the reported transaction date.