Form 4: SS&C Technologies Holdings Inc: Chairman William C. Stone Reports Stock Unit Conversion
SEC Form 4 Filing
William C. Stone, Chairman and CEO of SS&C Technologies Holdings Inc, reports the conversion of restricted stock units into common stock.
Summary
- On March 3, 2025, William C. Stone, Chairman and CEO of SS&C Technologies Holdings Inc, reported a transaction involving the conversion of restricted stock units into common stock.
- Specifically, 21,729 restricted stock units were converted into an equal number of common stock shares.
- Following the transaction, Stone directly owns 31,879,302 shares of common stock and 21,125 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral reporting of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine conversion of existing equity.
Key Dates
| Date | Description |
|---|---|
| 03/02/2023 | Reporting person was granted 63,377 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/02/2025 | Date of transaction involving restricted stock units. |
| 03/03/2025 | Date of transaction involving common stock. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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