REAGAN JAMES 4

What Happened
James Reagan, CEO and director of Science Applications International Corp (SAIC), had 742 shares withheld to cover a tax liability related to an equity event. The shares were valued at $113.36 each, for a total of approximately $84,113. This was a withholding (not an open-market sale) to satisfy taxes—commonly seen after option exercises or restricted stock vesting.

Key Details

• Transaction date: 2026-06-03; Filing date: 2026-06-04 (timely filing).
• Shares withheld/disposed: 742 shares at $113.36 each; total value ≈ $84,113.
• Transaction code: F — payment of exercise price or tax liability by delivering/withholding securities.
• Shares owned after transaction: Not specified in the filing.
• This was not an open-market sale; it represents shares surrendered/withheld to cover taxes.

Context
Code F transactions typically reflect tax withholding after an option exercise or award vesting (a cashless or share-surrender method). Such withholdings are routine administrative actions and do not necessarily signal the insider is reducing their economic stake by selling shares on the market.