Form 4: Ansys Director Anil Chakravarthy Reports Stock Transactions
SEC Form 4
Director Anil Chakravarthy reports acquisition of restricted stock units and disposal of common stock.
Summary
- On June 7, 2024, Anil Chakravarthy, a director of Ansys Inc., reported acquiring 922 shares of common stock through Restricted Stock Units (RSUs).
- The RSUs vest fully 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.
- Chakravarthy also disposed of 3,394 shares of common stock on the same date.
- Following these transactions, Chakravarthy beneficially owns 922 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.
Future Outlook
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.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of stock acquisition and disposal. |
| 06/10/2024 | Date of signature for the report. |
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