secwatch.observer — SEC 8-K summary
======================================

Issuer:     Science Applications International Corp (SAIC)
CIK:        0001571123
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001193125-26-053003
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SAIC appoints James Reagan as permanent CEO, effective Feb. 17, 2026
--------------------------------------------------------------------

- Reagan had served as interim CEO since Oct. 2025 and as a board member since Jan. 2023.
- Compensation: $1.2M base salary, 150% bonus target, $7.5M LTI (40% RSUs, 60% PSUs).
- Board unanimously selected Reagan after a thorough search; cites his steady leadership.
- Reagan has nearly 40 years of experience, including Leidos EVP & CFO and CFO roles at Vencore, PAE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571123/000119312526053003/0001193125-26-053003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571123/000119312526053003/d93127d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-053003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer