Form 4: SS&C Technologies Executive Exercises Stock Options and Sells Shares

SS&C Technologies' SVP & General Counsel, Jason Douglas White, exercised stock options and sold shares on November 26, 2024.

Summary

• Jason Douglas White, SVP & General Counsel at SS&C Technologies, engaged in transactions involving the company's stock on November 26, 2024.
• He exercised stock options to acquire 29,000 shares at $50.01 per share and 40,000 shares at $44.61 per share.
• Concurrently, he sold 29,000 shares at a weighted average price of $77.0741, with individual sales ranging from $76.8450 to $77.2300.
• He also sold 40,000 shares at a weighted average price of $77.0741.
• Following these transactions, Mr. White directly owns 6,412 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock option exercises and sales, which is common in publicly traded companies. It provides transparency into executive compensation and trading activity.

Comparison to Industry Standards

• Executive stock option exercises and sales are a standard practice in publicly traded companies, particularly in the technology sector.
• The reported transactions are consistent with typical executive compensation practices, where stock options are granted as part of the overall compensation package.
• The sale of shares after exercising options is also a common practice, allowing executives to realize the value of their equity compensation.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the sale of shares by an executive.
• The filing provides transparency to shareholders regarding executive stock transactions.

Key Dates

Keywords

stock options, insider trading, SEC Form 4, SS&C Technologies, stock sale, executive compensation