Form 4: SS&C Technologies Director Exercises Stock Options, Disposes of Shares
SEC Form 4
David Varsano, a director at SS&C Technologies Holdings Inc, exercised stock options and disposed of 4,495 shares of common stock on March 11, 2024.
Summary
- On March 11, 2024, David Varsano, a director of SS&C Technologies Holdings Inc, executed a transaction involving the company's stock.
- Varsano exercised stock options to acquire 4,495 shares of common stock at a price of $21.385 per share.
- Simultaneously, Varsano disposed of 4,495 shares.
- Following the reported transaction, Varsano beneficially owns 67,500 shares of SS&C Technologies Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of a director's stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock option exercise and share disposal. |
| 03/12/2024 | Date of signature for the SEC filing. |
| 05/29/2024 | Expiration date of the stock option. |
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