Form 4: Ansys Director Alec D. Gallimore Acquires 922 Shares of Common Stock

Sentiment:

SEC Form 4


Director Alec D. Gallimore acquired 922 shares of Ansys Inc. common stock on June 7, 2024, through the grant of restricted stock units.

Summary

  • On June 7, 2024, Alec D. Gallimore, a director of Ansys Inc. (ANSS), acquired 922 shares of common stock.
  • This acquisition was through the grant of restricted stock units (RSUs).
  • The RSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the company's next regular annual meeting of stockholders.
  • Each RSU is settled for one share of common stock.
  • Following the transaction, Gallimore beneficially owns 7,043 shares of Ansys Inc.
  • Janet Lee, Attorney-in-Fact, signed the Form 4 on June 10, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of stock acquisition by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

  • The acquisition of shares by a director may signal confidence in the company's future prospects.

Future Outlook

The vesting of the RSUs is contingent upon the earlier of the one-year anniversary of the grant date or the date of the company's next regular annual meeting of stockholders.

Industry Context

This is a standard Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company directors and officers.

Stakeholder Impact

  • The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
06/07/2024Date of transaction: Alec D. Gallimore acquired 922 shares of Ansys Inc. common stock.
06/10/2024Date of Form 4 filing.

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