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

Michael Zamkow, a director at SS&C Technologies Holdings Inc, exercised stock options and sold shares on May 16, 2024.

Summary

• On May 16, 2024, Michael Zamkow, a director of SS&C Technologies Holdings Inc, exercised stock options to acquire 10,000 shares of common stock at a price of $22.375 per share.
• On the same day, Zamkow sold 10,000 shares of common stock at a price of $63.94 per share.
• Following these transactions, Zamkow directly owns 38,000 shares of 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.
• He also holds 27,500 derivative securities (stock options).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors. It's common for executives to exercise stock options and sell a portion of the acquired shares for personal financial management.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates