Form 4: Ansys SVP Shane Emswiler Reports Stock Transaction
SEC Form 4
Shane Emswiler, SVP at Ansys, reports the withholding of shares for tax obligations related to vesting RSUs.
Summary
- On June 3, 2024, Shane Emswiler, SVP of Products at Ansys Inc., had shares withheld to cover tax obligations related to the vesting of time-based Restricted Stock Units (RSUs).
- A total of 354 shares of common stock were withheld at a price of $314.75.
- Following the transaction, Emswiler directly owns 34,081 shares, which includes 28,893 RSUs, and indirectly owns 13,305 shares held by a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders when they have transactions involving company stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of stock transaction (shares withheld for taxes). |
| 06/04/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.