Form 4: ANSYS Director Jim Frankola Reports Routine Tax-Related Stock Transaction

ANSYS Director Jim Frankola reported a disposition of 29 shares of common stock on June 7, 2025, to cover tax obligations related to RSU vesting, maintaining a beneficial ownership of 5,484 shares.

Summary

• Jim Frankola, a Director of ANSYS INC (ANSS), reported a change in beneficial ownership of the company's common stock.
• On June 7, 2025, 29 shares of ANSYS common stock were disposed of at a price of $339.27 per share.
• This disposition was specifically for the payment of taxes in connection with the vesting of time-based Restricted Stock Units (RSUs).
• Following this transaction, Jim Frankola directly beneficially owns 4,884 shares of common stock, which includes 983 RSUs.
• Additionally, Jim Frankola indirectly beneficially owns 600 shares of common stock held by a Trust, bringing the total beneficial ownership to 5,484 shares.

Sentiment

Score: 7

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax purposes related to RSU vesting, which is a positive event for the insider and generally neutral for the company's outlook.

Positives

• The transaction represents the vesting of time-based Restricted Stock Units (RSUs), indicating the fulfillment of equity compensation terms for the director.
• The disposition of shares was non-discretionary, solely for tax withholding purposes, rather than a voluntary sale by the director.

Negatives

• The direct shareholding of the director was reduced by 29 shares due to the tax withholding.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction for a director of ANSYS, a prominent company in the engineering simulation software industry. Such tax-related dispositions upon equity compensation vesting are standard practice across all sectors for publicly traded companies and their insiders.

Stakeholder Impact

• Shareholders: The transaction represents a minor, non-discretionary change in a director's direct ownership, with overall beneficial ownership remaining substantial, indicating continued alignment with shareholder interests.
• Employees: The RSU vesting mechanism is a common form of equity compensation, reflecting standard practices for incentivizing key personnel.

Key Dates

Recommendation

Keywords

ANSYS, ANSS, Form 4, Insider Transaction, Beneficial Ownership, Restricted Stock Units, RSU Vesting, Jim Frankola, Equity Compensation