Form 4: SS&C Technologies Director Jonathan E. Michael Exercises Stock Options
SEC Form 4
Director Jonathan E. Michael exercised stock options to acquire 6,000 shares of SS&C Technologies Holdings Inc. at $30.19 per share.
Summary
- On March 19, 2025, Jonathan E. Michael, a director of SS&C Technologies Holdings Inc., exercised stock options to acquire 6,000 shares of common stock at a price of $30.19 per share.
- Following the transaction, Michael directly owns 66,500 shares of common stock and indirectly owns 67,679 shares through a trust.
- The stock option was fully vested as of the grant date.
- The total number of securities beneficially owned is being updated to reflect 6,000 shares previously acquired by the reporting person upon the exercise of stock options on February 27, 2024, as previously reported by the reporting person on a Form 4 at the time of exercise.
- The total number of securities beneficially owned was not updated at that time due to an inadvertent administrative error.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing detailing an insider transaction. The exercise of options can be seen as a mild positive, but it's not a major event.
Positives
- Director's exercise of options could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Previous exercise of stock options by Jonathan E. Michael, not accurately reflected in prior filings. |
| 03/19/2025 | Date of the reported transaction: exercise of stock options. |
| 03/21/2025 | Date of the Form 4 filing. |
| 05/28/2025 | Expiration date of the stock options. |
Keywords
SS&C Technologies, Director, Stock Options, Beneficial Ownership, SSNC, Form 4
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.