Form 4: SS&C Technologies Director Michael Zamkow Executes Stock Option and Sells Shares

Director Michael Zamkow exercised stock options and sold 10,000 shares of SS&C Technologies Holdings Inc. on May 23, 2024.

Summary

• On May 23, 2024, Michael Zamkow, a director of SS&C Technologies Holdings Inc., exercised a stock option to acquire 10,000 shares of common stock at a price of $22.375 per share.
• Concurrently, Zamkow sold 10,000 shares of SS&C common stock at a weighted average price of $61.9206, with prices ranging from $61.88 to $62.00.
• Following these transactions, Zamkow directly owns 38,000 shares of SS&C common stock.
• Zamkow also indirectly owns 2,175 shares through a brokerage account in his adult son's name and 46,200 shares through family trusts, but disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• He also owns 17,500 derivative securities in the form of stock options.

Sentiment

Score: 5

Explanation: This is a neutral transaction involving the exercise of stock options and subsequent sale of shares. It doesn't inherently indicate positive or negative sentiment towards the company.

Industry Context

This filing reflects the standard practice of corporate insiders managing their equity compensation and personal investment portfolios. It's a routine transaction and doesn't necessarily indicate a change in the company's prospects.

Comparison to Industry Standards

• Executive stock option exercises and sales are common across the technology and financial services industries.
• Comparing Zamkow's transactions to those of executives at similar companies like Fiserv, Fidelity National Information Services (FIS), or Global Payments could provide context on the scale and frequency of such activities.
• However, without more detailed analysis of SS&C's compensation policies and Zamkow's overall holdings, it's difficult to draw definitive conclusions about whether these transactions are unusual.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• The sale of shares could slightly increase the float, but the amount is unlikely to be significant.

Key Dates