Form 4: SS&C Technologies Director Michael Zamkow Exercises Options and Sells Shares

Director Michael Zamkow of SS&C Technologies Holdings Inc. exercised stock options and sold shares on June 17, 2024.

Summary

• On June 17, 2024, Michael Zamkow, a director of SS&C Technologies Holdings Inc., exercised stock options to acquire 7,500 shares of common stock at a price of $22.375 per share.
• Simultaneously, Zamkow sold 7,500 shares of common stock at a weighted average price of $60.4614, with prices ranging from $60.44 to $60.50.
• Following these transactions, Zamkow directly owns 41,576 shares and indirectly owns 2,175 shares through a brokerage account in his adult son's name and 46,200 shares through family trusts.
• Zamkow disclaims beneficial ownership of the shares held in his son's brokerage account and in the family trusts, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions. It doesn't indicate positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These transactions can be influenced by personal financial planning and do not necessarily reflect a change in the director's outlook on the company.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates