Form 4: Ansys Director Glenda Dorchak Sells 200 Shares Under 10b5-1 Plan

Glenda Dorchak, a director at Ansys Inc., sold 200 shares of common stock on April 14, 2025, at a price of $300.01 per share, according to a Form 4 filing with the SEC.

Summary

• On April 14, 2025, Glenda Dorchak, a director of Ansys Inc. (ANSS), sold 200 shares of the company's common stock.
• The sale was executed at a price of $300.01 per share.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
• Following the transaction, Dorchak directly owns 3,230 shares of Ansys Inc., which includes 922 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by company directors are a normal part of corporate governance. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on inside information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Form 4, Ansys, ANSS, Glenda Dorchak, stock sale, Rule 10b5-1, director, insider trading