Form 4: ANSYS Director Ronald Hovsepian Files Form 4 for Planned RSU Tax Withholding

ANSYS Director Ronald W. Hovsepian has filed a Form 4 disclosing a planned transaction on June 7, 2025, involving the withholding of 29 common shares for tax purposes related to Restricted Stock Unit vesting.

Summary

• Ronald W. Hovsepian, a Director of ANSYS Inc. (ANSS), filed a Form 4 with the SEC.
• The filing reports a planned transaction scheduled for June 7, 2025, executed under a Rule 10b5-1 plan.
• The transaction involves the disposition of 29 shares of ANSYS Common Stock.
• These shares are being withheld for the payment of taxes in connection with the vesting of time-based Restricted Stock Units (RSUs).
• The price per share for the withheld shares is stated as $339.27.
• Following this reported transaction, Mr. Hovsepian will beneficially own a total of 35,415 shares of ANSYS Common Stock.
• This total beneficial ownership includes 21,523 Deferred Stock Units and 983 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of a planned insider transaction for tax withholding related to RSU vesting, which is a standard compensation event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Positives

• The transaction is a routine tax withholding related to RSU vesting, indicating that the director's equity compensation is vesting as planned, which is a standard part of executive compensation.

Negatives

• The disposition of shares, even for tax purposes, results in a slight reduction of the director's direct common stock holdings.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal impact, as it's a routine tax-related disposition of a small number of shares by a director, reflecting standard equity compensation practices.

Key Dates

Keywords

SEC Form 4, ANSYS, ANSS, Ronald Hovsepian, Director, Restricted Stock Units, RSU vesting, tax withholding, insider transaction, equity compensation, 10b5-1 plan