Form 4: ANSYS Director Glenda Dorchak Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
ANSYS Director Glenda Dorchak reported the disposition of 29 shares of common stock on June 7, 2025, at a price of $339.27 per share, primarily for tax withholding related to RSU vesting.
Summary
- The filing is a Form 4, reporting a change in beneficial ownership for Glenda Dorchak, a Director of ANSYS INC (ANSS).
- On June 7, 2025, Glenda Dorchak disposed of 29 shares of ANSYS common stock.
- The disposition was executed at a price of $339.27 per share.
- The transaction code 'F' indicates that these shares were withheld for the payment of taxes in connection with the vesting of time-based Restricted Stock Units (RSUs).
- Following this transaction, Glenda Dorchak beneficially owns 4,184 shares of ANSYS common stock, which includes 983 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The filing is a routine Form 4 reporting a tax-related disposition of shares upon RSU vesting, which is a standard compensation event and does not indicate a significant positive or negative sentiment regarding the company's performance or outlook.
Positives
- The transaction indicates the vesting of time-based Restricted Stock Units (RSUs) for Director Glenda Dorchak, representing a realization of compensation.
Negatives
- A disposition of 29 shares of common stock by a director, although for tax purposes, reduces their direct shareholding.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends or competitive dynamics. It pertains specifically to an individual director's compensation and shareholdings.
Stakeholder Impact
- Shareholders: The impact on shareholders is minimal, as this is a routine insider transaction for tax purposes and does not signal a change in management's confidence or strategic direction.
Key Dates
| Date | Description |
|---|---|
| 06/07/2025 | Date of transaction where shares were withheld for tax payment related to RSU vesting. |
| 06/09/2025 | Date the Form 4 was signed by Janet Lee, Attorney-in-Fact for Glenda Dorchak. |
Keywords
ANSYS, ANSS, Form 4, SEC filing, insider transaction, stock disposition, restricted stock units, RSU, director, beneficial ownership, tax withholding
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