Business Context and Reporting Period
This Form 8-K Current Report was filed by Science Applications International Corporation (SAIC) on August 6, 2026, regarding events reported on August 10, 2026. The filing addresses corporate governance changes, specifically the appointment of new directors to the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on personnel appointments and does not contain financial performance data.
Material Changes
The primary material change is the expansion of the Board of Directors from ten to twelve members. Two new directors, David Benson and David Cush, were appointed effective August 20, 2026, for an initial term expiring at the 2027 Annual Meeting.
- David Benson: Appointed to the Audit Committee and the Human Resources and Compensation Committee.
- David Cush: Appointed to the Audit Committee and the Nominating and Corporate Governance Committee.
Guidance, Outlook, and Management Commentary
The filing contains no financial guidance, outlook, or management commentary regarding future business performance. It details the professional backgrounds of the new appointees:
- David Benson: Former President of Fannie Mae (2018–2024) with extensive experience in finance, capital markets, and enterprise operations. He previously served as Interim CEO and CFO.
- David Cush: Former CEO of Service King Collision and Virgin America, with over 30 years of leadership experience in aviation, transportation, and asset-intensive sectors.
Compensation for the new directors will consist of standard annual cash and equity compensation pro-rated until the 2027 Annual Meeting, with eligibility to participate in the Deferred Compensation Plan.
Investor Verification Checklist
- Confirm the effective date of the new board appointments (August 20, 2026).
- Verify the specific committee assignments for David Benson and David Cush.
- Review the Company's proxy statement for the 2027 Annual Meeting to confirm the election status of these directors.
- Check for any subsequent filings regarding changes to the Board size or composition.