Form 4: SS&C CFO Schell Boosts Holdings with Equity Awards

SS&C Technologies Holdings Inc. EVP & CFO Brian N. Schell reported significant equity awards and related transactions, including performance stock unit vesting and new option grants.

Summary

• Brian N. Schell, EVP & CFO of SS&C Technologies Holdings Inc., reported several transactions involving company common stock and derivative securities.
• On February 13, 2026, 73,588 performance stock units (PSUs) vested and converted into common stock, following the Compensation Committee's certification that performance goals for FY2023-FY2025 were achieved at 200% of target.
• Concurrently, 32,858 shares of common stock were disposed of at $72.09 per share to cover tax liabilities related to the vesting of these PSUs.
• Schell also acquired 65,232 stock options with an exercise price of $72.09, which will vest over four years starting February 13, 2027.
• Additionally, 13,872 restricted stock units (RSUs) were granted, vesting in three equal annual installments beginning February 13, 2027.
• On February 14, 2026, 3,806 restricted stock units vested and converted to common stock, with 1,780 shares disposed of at $72.09 for tax purposes.
• Following these transactions, Schell beneficially owns 89,144 shares of common stock, 65,232 stock options, 13,872 restricted stock units, and 7,520 restricted stock units (from a prior grant).

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive development for executive compensation and alignment with shareholder interests, reflecting the achievement of performance goals.

Positives

• Achievement of 200% of target performance goals for FY2023-FY2025, leading to the vesting of 73,588 performance stock units.
• Grant of 65,232 new stock options and 13,872 restricted stock units, indicating continued long-term incentive for the EVP & CFO.
• The vesting of equity awards aligns the executive's interests with long-term shareholder value.

Negatives

• Disposition of 32,858 shares and 1,780 shares of common stock at $72.09 per share to cover tax withholding obligations, which reduces the executive's direct common stock holdings.

Future Outlook

The executive has significant unvested equity, including 65,232 stock options vesting over four years starting February 13, 2027, and 13,872 restricted stock units vesting in three annual installments from February 13, 2027. An additional 7,520 restricted stock units from a prior grant are also outstanding, with the next installment vesting on February 14, 2026.

Industry Context

StockSavvy.ai notes that executive compensation heavily weighted towards equity awards, particularly performance-based units, is a common practice in the technology and financial services industries. This structure aims to align executive incentives with company performance and shareholder returns, a trend observed across many publicly traded peers.

Stakeholder Impact

• Shareholders: The vesting and grant of equity awards align the EVP & CFO's long-term interests with shareholder value creation. The disposition of shares for tax purposes is a routine event and has a minimal dilutive effect.
• Employees: These compensation events may signal a stable and performance-driven compensation structure within the company.

Next Steps

• Continued vesting of 65,232 stock options, with the first quarter vesting on February 13, 2027.
• Continued vesting of 13,872 restricted stock units, with one-third vesting on February 13, 2027, 2028, and 2029.
• Continued vesting of 7,520 restricted stock units from a prior grant, with the next installment on February 14, 2026.

Key Dates

Keywords

SS&C Technologies, SSNC, Form 4, insider trading, executive compensation, stock options, restricted stock units, performance stock units, Brian N. Schell