Science Applications International Corp — Form 10-Q
Filed August 31, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
SAIC adopted a new Executive Severance, Change in Control and Retirement Policy effective January 1, 2027, establishing severance multiples of 24 months (CEO non-CIC), 30 months (CEO CIC) and 18–24 months (other officers) on termination. Separately, the company's Compensation Committee approved Amendment No. 2 to the 2023 Equity Incentive Plan to increase authorized shares by 1,194,000 shares, subject to shareholder approval at the 2026 Annual Meeting. No specific officer severance payments have been triggered; this is advance policy establishment and equity authorization.
Why this rating
Severance policy and equity share authorization are routine governance and comp-plan mechanics. At $5B market cap, 1.19M shares (~0.2% dilution) and potential severance multiples are modest relative to size. No M&A, material payment, or business change disclosed.
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