Form 4: SS&C Technologies Holdings Inc: Rahul Kanwar Reports Stock Transactions
SEC Form 4
Rahul Kanwar, President & COO of SS&C Technologies Holdings Inc, reports the vesting and subsequent disposal of restricted stock units.
Summary
- On March 3, 2025, Rahul Kanwar, President & COO of SS&C Technologies Holdings Inc, reported transactions involving common stock and restricted stock units.
- Specifically, 17,373 restricted stock units converted into common stock.
- Following the conversion, 17,373 shares were acquired.
- Additionally, 9,592 shares were disposed of at a price of $89.05.
- After these transactions, Kanwar directly owns 74,097 shares of common stock and 16,901 restricted stock units.
- The restricted stock units were granted on March 2, 2023, and vest in three equal annual installments beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing detailing stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences for executives at publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in these transactions as they provide insight into management's actions regarding the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/02/2023 | Reporting person was granted 50,702 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/02/2025 | Restricted stock units converted into common stock. |
| 03/03/2025 | Common Stock transaction date. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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