Hageman Hilary 4
Research Summary
AI-generated summary
SAIC EVP Hilary Hageman Receives Award; Shares Withheld for Taxes
What Happened
- Hilary Hageman, EVP General Counsel and Secretary of Science Applications International Corp (SAIC), received an award of 5,468 shares on 2026-04-03 (transaction code A).
- To cover tax withholding related to that award, 685 shares were withheld on 2026-04-04 for $68,575 and 604 shares were withheld on 2026-04-05 for $60,466 (transaction code F), for a total withholding value of $129,041.
- Net effect: Hageman received 5,468 shares and had 1,289 shares withheld, a net gain of 4,179 shares. This was an award/vesting event, not an open-market purchase or voluntary sale.
Key Details
- Filing date / Form 4 accession: Filed 2026-04-06 (covers transactions 2026-04-03 to 2026-04-05).
- Transactions:
- 2026-04-03: Award/acquisition (A) — 5,468 shares @ $0.00 (award/vesting).
- 2026-04-04: Tax withholding (F) — 685 shares @ $100.11 = $68,575.
- 2026-04-05: Tax withholding (F) — 604 shares @ $100.11 = $60,466.
- Total shares withheld for taxes: 1,289; total value withheld reported: $129,041.
- Shares owned after transaction: Not specified in the filing.
- No 10b5-1 plan, late-filing flag, or other footnotes were reported in the supplied transaction details.
Context
- This is a common pattern where restricted stock units or other equity awards vest and the company withholds shares to satisfy tax obligations; the withheld shares are not an open-market sale by the insider and generally do not signal a change in sentiment.
- For retail investors, purchases or open-market buys are typically more informative than routine award vesting and tax withholdings.