Natarajan Prabu 4
Research Summary
AI-generated summary
SAIC CFO Natarajan Prabu Withholds 837 Shares for Taxes
What Happened
- Natarajan Prabu, Chief Financial Officer of Science Applications International Corp. (SAIC), had 837 shares disposed of as a tax-withholding transaction on April 7, 2026. The shares were withheld at a price of $99.57 per share for a total value of about $83,340.
- This was not an open-market sale or a purchase by the insider but a routine tax-withholding event (transaction code F), typically to cover tax liabilities from option exercises or restricted stock vesting.
Key Details
- Transaction date: 2026-04-07; Filing date: 2026-04-08 (filed promptly, not late).
- Price per share: $99.57; Shares withheld/disposed: 837; Total value: ~$83,340.
- Transaction code: F — payment of exercise price or tax liability (shares withheld to satisfy tax obligations).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- No indication in this filing of an open-market sale or additional purchases.
Context
- Tax-withholding dispositions are common following option exercises or stock vesting and generally reflect tax settlement rather than a directional bet on the company’s stock. They do not carry the same interpretive weight as voluntary open-market sales or purchases.