Form 4: SS&C Director Equity Vesting and Grant Update
Statement of Changes in Beneficial Ownership
Director Normand A. Boulanger reported the vesting of 2,580 restricted stock units and a new grant of 3,200 units.
Summary
- Director Normand A. Boulanger exercised and vested 2,580 restricted stock units (RSUs) on May 20, 2026.
- The vested units included 33 dividend equivalent rights.
- Following the transaction, the director holds 389,504 shares of common stock.
- A new grant of 3,200 RSUs was issued to the director on the same date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director equity compensation with no impact on company operations.
Positives
- Director maintains a significant equity stake of 389,504 shares, aligning interests with shareholders.
- Continued long-term incentive alignment through the issuance of new restricted stock units.
Negatives
- None identified; this is a routine compensatory disclosure.
Risks
- None identified; this is a standard regulatory filing regarding director compensation.
Future Outlook
The newly granted 3,200 restricted stock units are scheduled to vest 100% on the earlier of the first anniversary of the grant date or the date of the 2027 annual general meeting.
Industry Context
StockSavvy.ai notes that routine equity compensation filings for directors are standard practice in the financial technology sector to ensure board member retention and alignment with long-term corporate performance.
Comparison to Industry Standards
- The use of RSU-based compensation for board members is consistent with standard corporate governance practices among S&P 500 and mid-cap technology firms.
- The one-for-one conversion ratio for RSUs to common stock is standard industry practice.
Stakeholder Impact
- Minimal impact on shareholders as this represents standard director compensation.
Next Steps
- Vesting of the 3,200 newly granted restricted stock units in 2027.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of RSU vesting and new RSU grant. |
| 05/22/2026 | Date of filing. |
Keywords
SS&C Technologies, SSNC, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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