Form 4: SS&C Technologies EVP & CFO Brian Schell Reports Stock Transactions
SEC Form 4 Filing
Brian Schell, EVP & CFO of SS&C Technologies, reports the vesting and disposal of restricted stock units and common stock.
Summary
- On February 24, 2025, Brian N. Schell, EVP & CFO of SS&C Technologies Holdings Inc, reported transactions involving common stock and restricted stock units.
- Schell disposed of 5,239 shares of common stock upon the vesting of restricted stock units.
- Additionally, 1,613 shares of common stock were disposed of at a price of $88.6.
- Following these transactions, Schell directly owns 25,293 shares of common stock.
- He also owns 10,330 derivative securities in the form of restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the normal course of executive compensation and ownership changes.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Reporting person was granted 15,495 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/22/2025 | Date restricted stock units converted into common stock. |
| 02/24/2025 | Date of common stock transactions (disposal of shares upon vesting of restricted stock units). |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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