Form 4: SS&C Technologies Director Smita Conjeevaram Executes Stock Options and Sells Shares

Smita Conjeevaram, a director at SS&C Technologies Holdings Inc, exercised stock options and sold shares on August 13, 2024.

Summary

• On August 13, 2024, Smita Conjeevaram, a director of SS&C Technologies Holdings Inc, engaged in transactions involving the company's stock.
• Conjeevaram exercised stock options to acquire 42,500 shares at $36.94 and 6,000 shares at $30.45.
• Simultaneously, Conjeevaram sold 42,500 shares and 6,000 shares at a weighted average price of $70.8229.
• Following these transactions, Conjeevaram directly owns 9,576 shares of common stock.
• Conjeevaram also continues to hold options to purchase additional shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions. There is no indication of positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The transactions are typical for executives holding stock options as part of their compensation packages.
• Comparable companies like Fiserv, Fidelity National Information Services (FIS), and Global Payments also have similar insider transaction disclosures.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates