Form 4: Ansys SVP, Products, Shane Emswiler Reports Stock Transaction
SEC Form 4 Filing
Shane Emswiler, SVP, Products at Ansys Inc., reports disposition of shares for tax obligations and discloses holdings including RSUs.
Summary
- On September 3, 2024, Shane Emswiler, SVP, Products at Ansys Inc., disposed of 354 shares of common stock to cover tax obligations related to vesting time-based Restricted Stock Units (RSUs).
- The transaction was executed at a price of $309.02 per share.
- Following the transaction, Emswiler directly owns 33,727 shares of Ansys common stock, which includes 28,080 RSUs.
- Additionally, Emswiler indirectly owns 18,412 shares held by a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a routine disclosure of stock transactions for tax purposes.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency regarding insider transactions to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of stock transaction (disposal of shares). |
| 09/04/2024 | Date of signature by Attorney-in-Fact. |
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