REAGAN JAMES 4

What Happened

• James Reagan, CEO and director of Science Applications International Corp (SAIC), had 8,861 shares disposed/withheld on 2026-02-17 to satisfy an exercise price or tax liability (Form 4 code F).
• The shares are reported at $86.61 each, for a total value of about $767,451. This disposition reflects tax withholding or payment related to an equity award or option exercise, not an open-market sale.

Key Details

• Transaction date: 2026-02-17; reported on Form 4 filed 2026-02-19 (timely under the two-business-day rule).
• Price reported: $86.61 per share; total value ≈ $767,451.
• Shares involved: 8,861 shares were disposed/withheld (code F).
• Shares owned after transaction: not specified in the data you provided—see the full Form 4 for post-transaction holdings.
• Notes: Code F indicates payment of an exercise price or tax withholding via share delivery/withholding rather than a market sale.

Context

• This appears to be a routine tax-withholding or cashless-settlement action following an award vesting or option exercise. Withheld shares are common and generally do not signal a deliberate market-sale decision by the insider.
• Purchases or open-market sales typically carry more interpretive weight for investor sentiment than routine withholdings.