Form 4: SS&C Technologies Holdings Inc: Executive William C. Stone Reports Stock Transactions
SEC Form 4
William C. Stone, Chairman of the Board & CEO of SS&C Technologies Holdings Inc, reports the conversion of restricted stock units into common stock.
Summary
- On February 24, 2025, William C. Stone converted 19,647 restricted stock units into common stock.
- Following the transaction, Stone directly owns 31,857,573 shares of common stock.
- Stone also directly owns 38,736 derivative securities.
- The restricted stock units converted on February 22, 2025, were part of a grant from February 22, 2024, vesting in three equal annual installments.
- The reported securities include 279 dividend equivalent rights accrued with respect to the underlying 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 filing is a routine disclosure of insider transactions, which are common among executives of publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
- The filing provides transparency to stakeholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Reporting person was granted 58,104 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/22/2025 | Restricted stock units converted into common stock. |
| 02/24/2025 | Transaction date for the conversion of restricted stock units into common stock. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.