Science Applications International Corp: appoints Kenneth B. Crews as CFO

What happened

• The filing announced that the board appointed Kenneth B. Crews, age 45, as executive vice president, chief financial officer, effective Dec 7, 2026. Mr. Crews will begin employment on Oct 30, 2026 and serve as chief financial officer-elect until he assumes the EVP, CFO role on the Effective Date.
• The filing also announced that Prabu Natarajan will transition to executive vice president, civilian business group, effective Oct 30, 2026, and will cease his role as executive vice president, chief financial officer as of Dec 7, 2026.

Key details

• Mr. Crews most recently served as corporate vice president and chief financial officer for Northrop Grumman and held prior senior finance roles at Northrop Grumman.
• Compensation: annual base salary of $740,000 effective Dec 7, 2026; short-term incentive cash bonus target equal to 100% of his annual base salary; long-term incentive target of $2,000,000 in RSUs and performance stock units.
• Sign-on and other awards: one-time sign-on cash payment of $250,000 (subject to repayment if employment ends under certain circumstances within two years); one-time sign-on RSUs with a grant date value of $2,000,000 vesting in two equal annual installments.
• Mr. Crews will be eligible for the company’s deferred compensation plan and will be subject to the company’s Executive Severance, Change in Control and Retirement Policy; the filing states there are no family relationships or transactions requiring disclosure under Items 401(d) or 404(a) of Regulation S-K.

Why it may matter

• The filing reports Item 5.02 (departure of directors or certain officers; election of directors) for the officer appointment and Item 7.01 (Regulation FD disclosure) for the press release announcing the appointments. The filing describes the appointments, start dates, prior employer and the executive compensation and benefits arrangements.
• The filing does not show why the insider traded or why the company acted.