Form 4: SS&C Technologies EVP & CFO Brian Schell Reports Stock Transactions
SEC Form 4 Filing
Brian Schell, EVP & CFO of SS&C Technologies Holdings Inc, reports the vesting and subsequent disposal of restricted stock units.
Summary
- On August 15, 2024, Brian Schell, the EVP & CFO of SS&C Technologies Holdings Inc, reported transactions involving common stock and restricted stock units.
- Schell converted 39,114 restricted stock units into common stock.
- Following the conversion, Schell disposed of 17,447 shares of common stock at a price of $72.4 per share to cover tax obligations.
- After these transactions, Schell directly owns 21,667 shares of common stock and 76,983 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 08/15/2023 | Reporting person was granted 115,474 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 08/15/2024 | Date of transaction: conversion of restricted stock units and disposal of common stock. |
| 08/19/2024 | Date of signature for the Form 4 filing. |
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