Form 4: ANSYS Director Alec Gallimore Reports Routine Stock Disposition for Tax Withholding

Sentiment:

Insider Transaction Report


ANSYS Director Alec D. Gallimore reported the disposition of 29 shares of common stock valued at $339.27 per share, primarily for tax withholding related to Restricted Stock Unit vesting.

Summary

  • Alec D. Gallimore, a Director at ANSYS Inc. (ANSS), reported a transaction on June 7, 2025.
  • The transaction involved the disposition of 29 shares of ANSYS Common Stock.
  • The shares were disposed of at a price of $339.27 per share.
  • This disposition was for the payment of taxes in connection with the vesting of time-based Restricted Stock Units (RSUs).
  • Following this transaction, Mr. Gallimore beneficially owns 7,997 shares of ANSYS Common Stock, which includes 983 RSUs.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction related to tax withholding on RSU vesting, which is a neutral event and does not indicate positive or negative company performance or outlook.

Positives

  • The transaction is a routine tax withholding, indicating the vesting of Restricted Stock Units (RSUs) which are a form of compensation for the director.

Negatives

  • A reduction of 29 shares from the director's direct beneficial ownership due to tax withholding.

Future Outlook

Not applicable. This document is a routine insider transaction report and does not contain forward-looking statements or guidance.

Industry Context

This is a standard insider transaction report, common across all publicly traded companies when executives or directors receive equity compensation and shares are withheld for taxes upon vesting. It does not provide broader industry trends or specific competitive insights.

Comparison to Industry Standards

  • This is a routine tax-related transaction for equity compensation, which is a standard practice across industries for public company directors and executives. No specific comparable companies, projects, or results are mentioned or implied within this filing.

Stakeholder Impact

  • Shareholders: Minimal direct impact. This is a routine administrative transaction for a director's equity compensation and does not reflect a change in company fundamentals.
  • Employees: Not directly impacted by this specific filing, but it relates to common equity compensation practices within the company.

Key Dates

DateDescription
06/07/2025Date of transaction for disposition of shares.
06/09/2025Date the Form 4 was signed and filed.

Keywords

ANSYS, ANSS, Form 4, insider transaction, director, stock disposition, RSU vesting, tax withholding, corporate governance

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