Form 4: Ansys CEO Ajei Gopal Sells Shares to Cover Taxes on Vesting RSUs
SEC Form 4 Filing
Ansys CEO Ajei Gopal disposed of 1,135 shares of common stock on June 3, 2024, to cover tax obligations related to the vesting of restricted stock units (RSUs).
Summary
- On June 3, 2024, Ajei Gopal, the President and CEO of Ansys Inc., disposed of 1,135 shares of Ansys common stock.
- The transaction was executed to cover tax obligations associated with the vesting of time-based Restricted Stock Units (RSUs).
- The shares were sold at a price of $314.75 per share.
- Following the transaction, Ajei Gopal directly owns 295,078 shares of Ansys common stock, which includes 27,284 Deferred Stock Units and 118,481 RSUs.
Sentiment
Score: 5
Explanation: The document reflects a neutral sentiment as it reports a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when RSUs vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Ajei Gopal disposed of 1,135 shares of Ansys common stock. |
| 06/04/2024 | Date of signature: Janet Lee, Attorney-in-Fact, signed the Form 4 on behalf of Ajei Gopal. |
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