SAIC Board Member Gifts Nearly $100K Worth of Shares: What Investors Should Know
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Science Applications International Corp (SAIC) director Donna S. Morea reported a significant insider transaction on June 18, 2025. According to the Form 4 filing, Morea disposed of 950 shares through a gift transaction (Transaction Code: G) at a price of $0.
Following this transaction, Morea's direct ownership position stands at 34,521.2607 shares of SAIC common stock. The transaction was executed as a direct ownership transfer, and no derivative securities were involved in this filing.
The filing was submitted by Attorney-in-fact Hilary L. Hageman on June 20, 2025, within the required reporting timeline. This gift transaction could be part of estate planning or charitable giving strategy by the director.
Positive
- None.
Negative
- None.
Insider Trade Summary
950 shares gifted
Mixed
1 txn
Insider
MOREA DONNA S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 950 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,521.261 shares (Direct)
Footnotes (1)
FAQ
What insider transaction occurred at SAIC on June 18, 2025?
Director Donna S. Morea disposed of 950 shares of SAIC common stock through a gift transaction (code 'G') at a price of $0 on June 18, 2025.
What is Donna Morea's role at SAIC according to the Form 4?
According to the Form 4, Donna S. Morea serves as a Director of Science Applications International Corp (SAIC).
Who signed the Form 4 filing for SAIC's insider transaction?
The Form 4 was signed by Hilary L. Hageman as Attorney-in-fact on June 20, 2025.
What type of transaction code was used for SAIC's insider trade in June 2025?
The transaction used code 'G' which indicates a gift transaction, where the shares were disposed of at a price of $0.