[Form 4/A] Ansys Inc Amended Insider Trading Activity

Rhea-AI Filing Summary

First Western Financial, Inc. (NASDAQ: MYFW) filed a Form 8-K on 24 Jul 2025 to notify investors that it has released second-quarter 2025 results. Numerical details are contained in a press release furnished as Exhibit 99.1 and therefore are not reproduced in the filing.

The Company will hold a webcast and conference call on 25 Jul 2025 at 10:00 a.m. Mountain Time to review the quarter and discuss an accompanying investor presentation (Exhibit 99.2). All information is furnished under Items 2.02 and 7.01 and is expressly not deemed “filed” for Exchange Act liability purposes. No other material events, financial statements, or changes in control are reported.

Insights

Corporate Disclosure Analyst

TL;DR: Routine 8-K furnishing Q2 results press release; no financial metrics disclosed; neutral market impact.

This filing simply alerts the market to the availability of Q2-25 earnings materials and sets the logistics for the investor call. Because the numeric results are relegated to Exhibit 99.1 and not summarized here, investors must consult the press release for revenue, EPS, credit metrics, or guidance. The information is furnished, not filed, limiting liability. Absent any unexpected strategic announcements, M&A, credit events, or executive changes, the disclosure is procedural and should have minimal standalone impact on valuation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Gopal Ajei

(Last) (First) (Middle)

2600 ANSYS DRIVE

SOUTHPOINTE

(Street)

CANONSBURG PA 15317

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ANSYS INC [ ANSS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/18/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	07/17/2025		D		115,650	D	(2)(3)	317,857	D
Common Stock	07/17/2025		A		16,136(4)	A	$0	333,993	D
Common Stock	07/17/2025		D		53,016	D	(5)	280,977	D
Common Stock	07/17/2025		D		280,977(6)	D	(7)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Upon further review of the Form 4 that was filed on July 18, 2025, it was determined that the number of shares of Issuer Common Stock that was reported as beneficially owned and disposed of by the Reporting Person was understated by 71,456 shares and the number of shares of Issuer Common Stock that was reported as underlying the unvested time-based restricted stock units ("RSUs") that were disposed of by the Reporting Person inadvertently included certain performance-based RSUs and was overstated by 36,880 shares. This amendment accurately reflects the Reporting Person's holdings and the transactions that occurred on July 17, 2025.

2. On July 17, 2025, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated January 15, 2024, by and among Synopsys, Inc., a Delaware corporation ("Parent"), ALTA Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Parent, and the Issuer, the Issuer became a wholly owned subsidiary of Parent (the "Merger").

3. At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each Issuer RSU outstanding and unvested immediately prior to the Effective Time and held by a person who is not a non-employee director of the Issuer was converted into that number of Parent RSUs, rounded to the nearest whole share, equal to the product of (i) the number of shares of Issuer Common Stock subject to such Issuer RSU, including any accrued but unpaid dividend equivalents thereon, multiplied by (ii) the Conversion Ratio (as defined in the Merger Agreement) (each such assumed Issuer RSU, as so adjusted, a "Converted RSU"). Any Converted RSU is subject to the same terms and conditions as were applicable to such Issuer RSU prior to the Effective Time.

4. Represents a deemed acquisition of shares of Issuer Common Stock underlying unvested performance-based RSUs (each, an "Issuer PSU") based on the attainment of the applicable performance metrics at the (i) actual level of performance for performance periods that lapsed in the ordinary course prior to the Effective Time or (ii) greater of the target or actual level of performance, as determined by the Issuer's board of directors or a committee thereof immediately prior to the Effective Time.

5. At the Effective Time, pursuant to the Merger Agreement, each Issuer PSU was converted into a Converted RSU and is subject to the same terms and conditions as were applicable to such Issuer PSU prior to the Effective Time (excluding any performance-based vesting conditions).

6. Includes shares underlying deferred RSUs of the Issuer, which were fully vested on the grant date and settled in connection with and in advance of the consummation of the Merger.

7. At the Effective Time, pursuant to the Merger Agreement and subject to certain exceptions, each share of Issuer Common Stock outstanding immediately prior to the Effective Time was converted into the right to receive (i) 0.3399 of a share of Parent Common Stock and (ii) $199.91 in cash, without interest.

	/s/ Janet Lee, Attorney-in-Fact	07/24/2025
	** Signature of Reporting Person	Date
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