Business Context and Reporting Period
This Form 8-K reports the results of the Annual Meeting of Stockholders for Science Applications International Corporation (SAIC), held on June 8, 2016. The filing details the voting outcomes for director elections, executive compensation, and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes
No material financial changes or operational updates are disclosed in this filing. The document serves as a disclosure of shareholder voting outcomes.
Guidance, Outlook, and Voting Results
The following matters were submitted to a vote of security holders:
- Director Elections: All nine nominees for the Board of Directors were elected for one-year terms. Votes ranged from approximately 31.3 million to 31.6 million "For" votes, with "Against" votes ranging from 307,180 to 516,092.
- Executive Compensation: The non-binding advisory proposal to approve the compensation of named executive officers was approved with 30,784,227 votes for and 854,567 votes against.
- Auditor Ratification: The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending February 3, 2017, was approved with 36,426,756 votes for and 257,008 votes against. There were no broker non-votes for this routine matter.
Investor Verification Checklist
- Verify the specific term length for the newly elected directors (stated as one-year).
- Confirm the fiscal year end date for the ratified auditor appointment (February 3, 2017).
- Review the full proxy statement for detailed executive compensation data referenced in the advisory vote.
- Check subsequent filings for the company's financial performance, as this 8-K contains no financial metrics.