Form 4: Ansys SVP Walter Hearn Reports Stock Transaction
SEC Form 4 Filing
Walter Hearn, SVP at Ansys, reports disposition of shares to cover tax obligations related to vesting RSUs.
Summary
- On September 3, 2024, Walter Hearn, SVP at Ansys, disposed of 283 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $309.02 per share.
- Following the transaction, Hearn directly owns 38,957 shares, which includes 25,754 RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Walter Hearn, transact in their company's stock. These filings provide transparency to the market regarding the buying and selling activities of individuals with access to non-public information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by an executive 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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