Form 4: Ansys Director Alec D. Gallimore Reports Stock Transaction
SEC Form 4 Filing
Director Alec D. Gallimore of Ansys Inc. reports a transaction involving common stock on May 12, 2024, where shares were withheld for tax obligations related to vesting restricted stock units.
Summary
- On May 12, 2024, Alec D. Gallimore, a director of Ansys Inc., engaged in a transaction involving the company's common stock.
- Specifically, 30 shares were disposed of at a price of $328.25 per share to cover tax obligations related to the vesting of time-based Restricted Stock Units.
- Following this transaction, Gallimore directly owns 6,121 shares of Ansys Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Date of stock transaction where shares were withheld for tax obligations. |
| 05/13/2024 | Date of signature by Janet Lee, Attorney-in-Fact. |
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