Form 4: Ansys Director Glenda Dorchak Reports Stock Transaction
SEC Form 4 Filing
Director Glenda Dorchak reported a transaction involving Ansys Inc. common stock on May 12, 2024.
Summary
- On May 12, 2024, Glenda Dorchak, a director of Ansys Inc., engaged in a transaction involving the company's common stock.
- 30 shares were disposed of to cover tax obligations related to the vesting of restricted stock units at a price of $328.25.
- Following the transaction, Dorchak directly owns 3,019 shares of Ansys Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a publicly traded company, like directors or officers, trade in the company's stock. This provides transparency to the market regarding the actions of those with inside knowledge of the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/12/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 05/13/2024 | Date of signature by Attorney-in-Fact. |
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