Form 4: SS&C Technologies CEO William Stone Executes Stock Option and Sells Shares

SS&C Technologies CEO William Stone exercised stock options and sold 132,700 shares of common stock on December 10, 2024.

Summary

• William C. Stone, Chairman of the Board and CEO of SS&C Technologies Holdings Inc., executed a stock option to acquire 132,700 shares of common stock at a price of $28.265 per share on December 10, 2024.
• Simultaneously, Mr. Stone sold 132,700 shares of common stock at a weighted average price of $76.8474 per share.
• The sale of shares occurred at varying prices between $76.75 and $76.99.
• Following these transactions, Mr. Stone directly owns 31,837,926 shares of SS&C Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a stock option exercise and share sale by the CEO, which is a neutral event.

Industry Context

This is a routine transaction for a company executive, and is not unusual for executives to exercise options and sell shares. The sale is likely part of personal financial planning.

Comparison to Industry Standards

• Executive stock option exercises and sales are common across the technology industry.
• Many executives at comparable companies such as Fidelity National Information Services (FIS) and Global Payments (GPN) also regularly exercise options and sell shares as part of their compensation and financial planning.
• The reported sale price range is within the typical trading range for SS&C Technologies stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine executive transaction.

Key Dates

Keywords

SS&C Technologies, William Stone, stock options, share sale, insider trading, SEC Form 4, executive compensation