Form 4: SS&C Technologies Director Reports Routine Stock Transactions, Including RSU Vesting and New Grant

SS&C Technologies Holdings Inc. Director Michael Jay Zamkow reported a series of routine stock transactions, including the vesting of restricted stock units, a net disposition of common stock, and the grant of new restricted stock units.

Summary

• SS&C Technologies Holdings Inc. Director Michael Jay Zamkow filed a Form 4 detailing changes in his beneficial ownership of company securities.
• On May 21, 2025, 3,348 restricted stock units (RSUs) granted on May 29, 2024, vested, converting into common stock on a one-for-one basis, including 44 dividend equivalent rights.
• Concurrently with the RSU vesting, a net disposition of 15,824 shares of common stock occurred.
• Additionally, Mr. Zamkow was granted 2,547 new restricted stock units on May 21, 2025, which will vest 100% on the earlier of the first anniversary of the grant date or the company's annual general meeting in fiscal 2026.
• Following these transactions, Mr. Zamkow directly holds 2,547 restricted stock units.
• Indirectly, Mr. Zamkow beneficially owns 7,900 shares of common stock through Family Trusts and 2,175 shares through a brokerage account in the name of his adult son, though he disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the family trusts.

Sentiment

Score: 5

Explanation: The document reports routine insider stock transactions related to compensation, which are neutral in sentiment. There are no indications of significant positive or negative operational or financial news.

Positives

• The grant of 2,547 new restricted stock units indicates ongoing compensation and alignment of the director's interests with shareholder value.
• The vesting of 3,348 restricted stock units reflects the achievement of prior compensation milestones.

Negatives

• A net disposition of 15,824 shares of common stock was reported, which could be perceived as a reduction in direct ownership, although it is common for tax withholding or 'sell to cover' related to RSU vesting.

Future Outlook

The newly granted 2,547 restricted stock units are scheduled to vest 100% on the earlier of May 21, 2026, or the date of the issuer's annual general meeting of stockholders held in fiscal 2026.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions, common across all publicly traded companies, reflecting compensation practices for directors and executives. It does not provide broader industry trends or competitive insights.

Related Party Transactions

• The reporting person disclaims beneficial ownership of 7,900 common shares held through Family Trusts, except to the extent of his pecuniary interest therein.
• The reporting person disclaims beneficial ownership of 2,175 common shares held in a brokerage account in the name of his adult son.

Stakeholder Impact

• Shareholders: This is a routine disclosure of director compensation and stock management, with minimal direct impact on the company's operations or strategic direction. The net disposition of shares is common for tax purposes and not necessarily indicative of a lack of confidence.
• Employees: No direct impact mentioned.

Next Steps

• The 2,547 newly granted restricted stock units are expected to vest on the earlier of May 21, 2026, or the date of the issuer's annual general meeting in fiscal 2026.

Key Dates

Keywords

SS&C Technologies Holdings Inc., SSNC, Form 4, Insider Transaction, Restricted Stock Units, RSU, Beneficial Ownership, Director, Stock Compensation