Form 4: SS&C Technologies Director Michael Zamkow Sells 19,000 Shares
SEC Form 4 Filing
Director Michael Zamkow sold 19,000 shares of SS&C Technologies Holdings Inc. on September 20, 2024, at an average price of $75.9704.
Summary
- On September 20, 2024, Michael Zamkow, a director of SS&C Technologies Holdings Inc., sold 19,000 shares of common stock.
- The sale was executed at a weighted average price of $75.9704 per share, with individual prices ranging from $75.78 to $76.015.
- Following the transaction, Zamkow directly owns 22,576 shares.
- He 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 except to the extent of his pecuniary interest.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission on September 24, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways depending on the context.
Industry Context
Sales by company insiders are a common occurrence and are closely watched by investors for signals about the company's prospects. It's important to consider the size of the sale relative to the insider's holdings and the overall trading volume of the stock.
Stakeholder Impact
- The stock sale could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | Date of stock sale transaction |
| 09/24/2024 | Date of Form 4 filing |
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