Form 4: Ansys Director Ravi K. Vijayaraghavan Reports Stock Transaction
SEC Form 4 Filing
Director Ravi K. Vijayaraghavan reports a transaction involving Ansys Inc. common stock on May 12, 2024, related to tax obligations from vesting restricted stock units.
Summary
- On May 12, 2024, Ravi K. Vijayaraghavan, a director of Ansys Inc., engaged in a transaction involving the company's common stock.
- The transaction involved the disposal of 30 shares to cover tax obligations related to the vesting of time-based Restricted Stock Units (RSUs).
- The price per share for the transaction was $328.25.
- Following the transaction, Vijayaraghavan directly owns 4,226 shares of Ansys Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to insider transactions, specifically the disposal of shares to cover tax obligations arising from the vesting of restricted stock units, which is a common practice among company executives and directors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares 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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