Form 4: SS&C Technologies Director Boulanger Reports Stock Transactions
SEC Form 4 Filing
Normand A. Boulanger, a director at SS&C Technologies Holdings, Inc., reported the vesting of restricted stock units and acquisition of additional units.
Summary
- On May 29, 2024, Normand A. Boulanger, a director at SS&C Technologies Holdings, Inc., reported transactions involving restricted stock units.
- 3,576 restricted stock units vested, converting into an equal number of common stock shares.
- Additionally, Boulanger acquired 3,304 new restricted stock units that will vest on the earlier of June 2, 2024, or the date of the issuer's annual general meeting of stockholders held in fiscal 2025.
- Following these transactions, Boulanger directly owns 283,576 shares of common stock and 3,304 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The newly acquired restricted stock units will vest on the earlier of June 2, 2024, or the date of the issuer's annual general meeting of stockholders held in fiscal 2025.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of restricted stock units vesting and acquisition of new units. |
| 05/31/2024 | Date of signature for the Form 4 filing. |
| June 2, 2023 | Date of grant for the vested restricted stock units. |
| June 2, 2024 | First anniversary of the grant date for the new restricted stock units. |
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.