Form 4: SS&C Technologies Director Debra Walton Reports Stock Vesting
SEC Filing
Director Debra Walton reported the vesting of restricted stock units into SS&C Technologies Holdings Inc common stock on January 10, 2025.
Summary
- On January 10, 2025, Debra Walton, a director of SS&C Technologies Holdings Inc, had restricted stock units vest.
- These units converted into 1,672 shares of common stock on a one-for-one basis.
- The vesting included 23 dividend equivalent rights accrued on the restricted stock units, which were initially granted on January 10, 2024.
- The transaction was reported via a Form 4 filing with the SEC on January 13, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of stock vesting, which is part of standard executive compensation.
Positives
- The vesting of restricted stock units indicates a continued alignment of the director's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The vesting of shares may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/10/2024 | Date restricted stock units were granted to the reporting person |
| 01/10/2025 | Date of transaction: vesting of restricted stock units and conversion to common stock |
| 01/13/2025 | Date of Form 4 filing |
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