Form 4: SS&C Technologies Director David Varsano Reports Routine Stock Ownership Changes

SS&C Technologies Holdings Inc. Director David Varsano reported the vesting of restricted stock units and the grant of new units, increasing his direct common stock holdings.

Summary

• David Varsano, a Director of SS&C Technologies Holdings Inc. (SSNC), reported changes in his beneficial ownership of company securities on May 21, 2025.
• He acquired 3,348 shares of common stock through the vesting of previously granted restricted stock units (RSUs), which were originally granted on May 29, 2024, and included 44 dividend equivalent rights.
• These RSUs converted into common stock on a one-for-one basis.
• Following this transaction, Mr. Varsano directly beneficially owns 80,424 shares of SS&C Technologies common stock.
• Additionally, Mr. Varsano was granted 2,547 new restricted stock units.
• These newly granted RSUs will vest 100% on the earlier of (i) the first anniversary of the grant date or (ii) the date of the issuer's annual general meeting of stockholders held in fiscal 2026.
• After these transactions, Mr. Varsano directly beneficially owns 2,547 derivative securities in the form of restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects routine compensation and continued alignment of a director's interests with the company through equity ownership, without any negative implications like large sales.

Positives

• The vesting of 3,348 restricted stock units demonstrates the realization of previously awarded compensation for the director.
• The grant of 2,547 new restricted stock units indicates continued alignment of the director's interests with those of shareholders, as future compensation is tied to company performance and continued service.

Future Outlook

The newly granted 2,547 restricted stock units are set to vest 100% on the earlier of the first anniversary of the grant date or the date of the issuer's annual general meeting of stockholders in fiscal 2026, indicating future equity compensation realization.

Management Comments

• The filing reflects routine equity compensation activities for Director David Varsano, including the vesting of previously granted restricted stock units and the grant of new units, aligning his interests with long-term shareholder value.

Industry Context

This Form 4 filing is a standard disclosure for insider transactions, reflecting routine equity compensation for a director. Such transactions are common across industries as a means of aligning management and board interests with shareholder value through long-term incentive plans.

Stakeholder Impact

• Shareholders: The report indicates a director's continued equity stake in the company, which can be viewed positively as it aligns management interests with shareholder returns.

Next Steps

• The newly granted 2,547 restricted stock units are expected to vest on the earlier of their first anniversary or the date of the issuer's annual general meeting in fiscal 2026.

Key Dates

Keywords

SS&C Technologies, SSNC, Form 4, Insider Transaction, Restricted Stock Units, RSU, Beneficial Ownership, Director, Stock Vesting, Equity Compensation