4Accepted Sep 9, 4:02 PM ET
SAIC Director Cush C. David Receives 1,220-Share Award
Accepted (ET)
4:02 PM
Sep 9, 2026
Filed
Sep 9, 2026
Documents
1
Size
4.7 KB
Summary
SAIC Director Cush C. David Receives 1,220-Share Award
What Happened
- Cush C. David, a director of Science Applications International Corp. (SAIC), was reported to have acquired 1,220 shares as an award/grant on September 4, 2026. The reported acquisition price is $0.00 per share (code A — award/grant), so no cash was paid by the insider for these shares.
- This filing records a granted award rather than an open-market purchase or sale. Grants to directors are typically part of compensation plans and are not direct indications of buying or selling sentiment.
Key Details
- Transaction date: 2026-09-04; Transaction type/code: Award/Grant (A); Reported price: $0.00 per share.
- Filing date: 2026-09-09 (the Form 4 was filed five days after the transaction date). Form 4s are generally due within two business days of the transaction, so this appears later than the typical reporting window.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes/other: No 10b5-1, tax-withholding, or cashless-sale notes provided in the supplied data.
Context
- Director awards (often RSUs or restricted stock) are routine compensation and do not necessarily signal the director's view on near-term stock performance. The $0.00 price reflects the method of acquisition (grant) rather than market value.
- Retail investors should track patterns of insider buying/selling and combine this with company fundamentals; a single director award is generally a routine corporate compensation event.