Science Applications International Corp·4

Apr 8, 5:46 PM ET

MOREA DONNA S 4

Research Summary

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SAIC Director Donna Morea Exercises Options, Surrenders Shares

What Happened

  • Donna S. Morea, a director of Science Applications International Corp (SAIC), exercised 2,876 option-based derivative shares on 2026-04-07. The exercise is reported at $77.65 per share (aggregate $223,321). To satisfy the exercise price/tax withholding, 2,243 shares were surrendered (reported at $99.57 per share, aggregate ~$223,336). The transaction appears to be a cashless exercise where shares were used to cover costs; net shares retained from this exercise are roughly 633.

Key Details

  • Transaction dates: 2026-04-07 (filed 2026-04-08 — timely).
  • Exercise detail: 2,876 shares acquired via derivative exercise (code M) at $77.65, total ~$223,321.
  • Payment/withholding: 2,243 shares surrendered (code F) at $99.57, total ~$223,336, to cover exercise price/taxes.
  • Net result: ~633 shares retained from this exercise (2,876 acquired − 2,243 surrendered).
  • Footnote: F1 indicates the awards were fully vested.
  • Shares owned after transaction: not explicitly stated in the filing; net increase of ~633 shares from this event.

Context

  • This was an option exercise with shares surrendered to cover costs (a routine cashless exercise), not an open-market sale or purchase of shares for cash. Such exercises are common for realizing vested equity and do not by themselves indicate a change in insider sentiment.