Form 4: SS&C Technologies Director Jonathan E. Michael Reports Stock Purchase
SEC Form 4 Filing
Director Jonathan E. Michael of SS&C Technologies Holdings Inc. reports purchasing 2,700 shares of common stock at an average price of $75.5315 on May 1, 2025.
Summary
- On May 1, 2025, Jonathan E. Michael, a director of SS&C Technologies Holdings Inc., purchased 2,700 shares of the company's common stock.
- The purchase was made at a weighted average price of $75.5315 per share, with individual prices ranging from $75.53 to $75.55.
- Following the transaction, Michael directly owns 72,776 shares of common stock and indirectly owns 67,679 shares through a trust.
- The report also updates the total number of securities beneficially owned to reflect 3,576 shares previously acquired on May 29, 2024, which were inadvertently not included in the most recently filed Form 4 due to an administrative error.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's not a major event on its own.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates a director's recent purchase of company stock, which is a common occurrence.
Stakeholder Impact
- The stock purchase by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2024-05-29 | Settlement of restricted stock units resulting in acquisition of 3,576 shares. |
| 2025-05-01 | Director Jonathan E. Michael purchased 2,700 shares of SS&C Technologies Holdings Inc. common stock. |
| 2025-05-05 | Date of filing the Form 4. |
Keywords
SS&C Technologies, SSNC, Jonathan E. Michael, Form 4, Stock Purchase, Director, Beneficial Ownership
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