Form 4: Ansys Director Glenda Dorchak Executes Stock Sale Under 10b5-1 Plan

Ansys director Glenda Dorchak sold 200 shares of common stock at $336.62 per share on January 13, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Glenda Dorchak, a director at Ansys Inc., sold 200 shares of common stock on January 13, 2025.
• The sale was executed at a price of $336.62 per share.
• This transaction was conducted under a pre-established Rule 10b5-1 trading plan.
• Following the transaction, Ms. Dorchak beneficially owns 3,430 shares of Ansys common stock, which includes 922 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction by a company director under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

This is a routine transaction for a company director and is not unusual. It is common for executives to use 10b5-1 plans to avoid accusations of insider trading.

Comparison to Industry Standards

• Transactions of this nature are common among directors and officers of publicly traded companies.
• The use of a 10b5-1 plan is a standard practice to ensure compliance with insider trading regulations.
• Similar transactions can be observed in filings of other technology companies such as Autodesk, Cadence Design Systems, and Synopsys.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale by a director under a pre-arranged plan.

Key Dates

Keywords

Ansys, Director, Stock Sale, Rule 10b5-1, Insider Trading, Equity Securities, Beneficial Ownership