SAIC (SAIC) EVP DiFronzo has 546 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Science Applications International Corp executive Vincent P. DiFronzo reported routine tax-related share dispositions of company common stock. On April 4 and 5, a total of 546 shares were withheld at $100.11 per share to cover tax obligations. After these transactions, he directly holds 5,183 shares and indirectly holds 7,174 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
DiFronzo Vincent P.
Role
EVP,-Air Force & Comb Commands
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 195 | $100.11 | $20K |
| Tax Withholding | Common Stock | 351 | $100.11 | $35K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,183 shares (Direct);
Common Stock — 7,174 shares (Indirect, Trust)
Footnotes (1)
Key Figures
Shares withheld for taxes: 546 shares
First tax-withholding lot: 351 shares
Second tax-withholding lot: 195 shares
+3 more
6 metrics
Shares withheld for taxes
546 shares
Total F-code tax-withholding dispositions
First tax-withholding lot
351 shares
Withheld on April 4 at $100.11 per share
Second tax-withholding lot
195 shares
Withheld on April 5 at $100.11 per share
Reference price per share
$100.11
Price used for tax-withholding entries
Direct holdings after transactions
5,183 shares
Common stock directly owned post-withholding
Indirect trust holdings
7,174 shares
Common stock held indirectly through a trust
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock, indirect ownership, +1 more
5 terms
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
Common Stock financial
"security_title: "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.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership: "Trust""
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 transaction did SAIC executive Vincent P. DiFronzo report?
Vincent P. DiFronzo reported routine tax-related dispositions of SAIC common stock. A total of 546 shares were withheld to satisfy tax obligations, rather than sold in the open market, and he continues to hold a meaningful direct and indirect equity position.