SEC Filing Analysis: Science Applications International Corp (SAIC)

Executive Summary

• Trading Significance: Low
• Key Takeaway: An officer acquired a nominal number of shares through an automated dividend reinvestment on existing restricted stock units, a non-discretionary event with no trading significance.
• Market Impact: Neutral. The transaction is too small to have any impact on the stock or market sentiment.

Company Information

Field	Value
Company	Science Applications International Corp
Ticker Symbol	SAIC
CIK	0001571123
Industry	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN

Insider Information

Field	Value
Name	Jackson James Joshua
CIK	0002008796
Title/Position	EVP, Army
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-10-24
Transaction Code	A (Award/Grant)
Security Type	Common Stock
Shares Involved	22.1697
Price Per Share	$100.64
Total Value	$2,231.11
Shares Owned After	20,835.3493 (Direct & Indirect)
Ownership Type	Indirect (for this transaction)

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$2,231.11
% of Market Cap	0.00005%
Shares Transacted	22.1697
% of Shares Outstanding	0.00005%
Post-Transaction Ownership	20,835.3493 shares (0.045% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: The transaction value of ~$2.2k is insignificant against the company's $4.63 billion market capitalization.
• Ownership Concentration: The insider's total holdings of approximately 20,835 shares represent a very small fraction (0.045%) of the total shares outstanding, indicating low ownership concentration from this individual.
• Dilution Impact: As this is an acquisition of existing common stock via dividend reinvestment, there is no dilutive impact on other shareholders.
• Transaction Significance: The transaction is quantitatively immaterial, representing less than 0.0001% of both market cap and shares outstanding. The nature of the transaction confirms its low significance.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The transaction is an automated, non-discretionary event with a negligible value. It provides no new information or signal to the market regarding the insider's sentiment or the company's future prospects.

Volume & Sentiment

• Expected Volume Impact: None. The size of the transaction is too small to register any impact on trading volume.
• Sentiment Indicator: Neutral. This is a routine filing that does not influence market sentiment.

Investment Insights

Positive Market Indicators

• None. This transaction is a routine administrative event.

Risk Factors

• None associated with this filing.

Key Takeaways

1. Routine Transaction: The filing documents a minor acquisition of shares through a dividend reinvestment plan on restricted stock units.
2. No Insider Signal: This is not a discretionary purchase and should not be interpreted as a bullish signal from the executive.
3. Immaterial Value: The transaction's value and share count are negligible relative to the company's market capitalization and the insider's total holdings.

Additional Context

Transaction Notes

• Special Circumstances: The filing's footnote clarifies the transaction: "Additional restricted stock units awarded upon the deemed reinvestment of dividend equivalents." This confirms the automated and non-discretionary nature of the acquisition.