Form 4: ANSYS Director Anil Chakravarthy Reports Routine Stock Transaction for Tax Purposes

ANSYS Director Anil Chakravarthy reported a routine disposition of 29 shares of common stock valued at $339.27 per share, primarily for tax withholding related to the vesting of Restricted Stock Units.

Summary

• Anil Chakravarthy, 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.
• These shares were withheld by the company for the payment of taxes in connection with the vesting of time-based Restricted Stock Units (RSUs).
• The price per share for the disposed stock was $339.27.
• Following this transaction, Mr. Chakravarthy beneficially owns 4,348 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 with no significant positive or negative implications for the company's operations or financial health.

Positives

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

Negatives

• The disposition of shares, even for tax purposes, reduces the direct beneficial ownership of the insider.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The transaction involves a director of the company, which is inherently a related party. However, the transaction itself (tax withholding on RSU vesting) is a standard compensation-related event rather than a unique related-party dealing.

Stakeholder Impact

• Shareholders: Minimal direct impact. This is a routine administrative transaction and does not reflect a change in the company's fundamentals or strategic direction.
• Employees: No direct impact on general employees.
• Management: Reflects a standard compensation event for a director.

Key Dates

Keywords

ANSYS, ANSS, Form 4, Insider Transaction, Stock Ownership, Restricted Stock Units, RSU Vesting, Tax Withholding, Director Stock, Beneficial Ownership