Natarajan Prabu 4

What Happened

• Natarajan Prabu, Chief Financial Officer of Science Applications International Corp. (SAIC), received an award of 7,571 shares on 2026-04-03 (reporting code A). To cover the tax liability, the company withheld 895 shares on 2026-04-04 and 790 shares on 2026-04-05 (reporting code F), priced at $100.11 per share.
• The withheld shares had a combined cash value of about $168,685. The grant’s market value on the vesting dates was roughly $757,933; after withholding, Prabu retained approximately 5,886 net shares.

Key Details

• Transaction dates and prices:
  • 2026-04-03: Awarded 7,571 shares (A) — $0 grant price (typical for RSU vesting).
  • 2026-04-04: 895 shares withheld for taxes (F) at $100.11 → $89,598 (rounding).
  • 2026-04-05: 790 shares withheld for taxes (F) at $100.11 → $79,087 (rounding).
• Net shares retained after withholding: 5,886 (7,571 granted − 1,685 withheld).
• Filing: Form 4 filed 2026-04-06 for the 04-03 vesting—filed within the SEC’s two-business-day window (not late).
• Notes: Reporting codes — A = award/grant; F = payment of tax liability (share withholding). The F transactions are tax withholdings, not open-market sales.

Context

• This appears to be a routine equity award vesting with shares withheld to satisfy tax obligations (a common practice); such withholdings are not the same as an insider selling shares on the open market and do not necessarily indicate sentiment about the company’s prospects.
• For retail investors, purchases or open-market buys by insiders tend to be more informative than routine grant vesting and tax withholding.