SS&C director gains 2,580 shares in RSU vest
SS&C Technologies Holdings Inc director David Varsano reported compensation-related equity activity.
Rhea-AI Filing Summary
SS&C Technologies Holdings Inc director David Varsano reported compensation-related equity activity. On May 20, 2026, previously granted restricted stock units vested and were converted into 2,580 shares of Common Stock, including 33 dividend equivalent rights, increasing his direct holdings to 89,004 shares.
On the same date, Varsano also received a new award of 3,200 restricted stock units. According to the disclosure, these units convert into common stock on a one-for-one basis and vest 100% on the earlier of the first anniversary of the grant date or the issuer’s annual general meeting of stockholders held in fiscal 2027. The filing shows only awards and conversions, with no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,580 shares exercised/converted
Exercise
3 txns
Insider
Varsano David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,580 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,580 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,200 contracts (Direct);
Common Stock — 89,004 shares (Direct)
Footnotes (3)
- F1. Reflects the vesting of restricted stock units granted to the reporting person on May 21, 2025, together with 33 dividend equivalent rights accrued thereon.
- F2. Restricted stock units convert into common stock on a one-for-one basis.
- F3. The restricted stock units vest 100% on the earlier of (i) the first anniversary of the grant date and (ii) the date of the issuer's annual general meeting of stockholders held in fiscal 2027.
Key Figures
Vested RSUs converted: 2,580 shares
Dividend equivalent rights: 33 rights
Post-transaction holdings: 89,004 shares
+3 more
6 metrics
Vested RSUs converted
2,580 shares
Restricted stock units and dividend equivalents vested into Common Stock on May 20, 2026
Dividend equivalent rights
33 rights
Dividend equivalent rights accrued on vested restricted stock units
Post-transaction holdings
89,004 shares
Common Stock directly held by David Varsano after the transactions
New RSU grant
3,200 units
Restricted stock units awarded with one-for-one conversion into Common Stock
RSU exercise volume
2,580 units
Restricted stock units exercised/converted according to transaction summary
Original RSU grant date
May 21, 2025
Grant date of vested restricted stock units referenced in the footnote
Key Terms
Restricted Stock Units, dividend equivalent rights, one-for-one basis, annual general meeting of stockholders
4 terms
Restricted Stock Units financial
"Reflects the vesting of restricted stock units granted to the reporting person on May 21, 2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"together with 33 dividend equivalent rights accrued thereon"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis"
annual general meeting of stockholders financial
"the date of the issuer's annual general meeting of stockholders held in fiscal 2027"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SS&C (SSNC) director David Varsano report?
David Varsano reported equity compensation activity, not open-market trading. Previously granted restricted stock units vested and converted into 2,580 shares of Common Stock, and he received a new grant of 3,200 restricted stock units tied to future vesting conditions.
What restricted stock units vested for SSNC director David Varsano?
Restricted stock units granted to David Varsano on May 21, 2025 vested, resulting in 2,580 shares of Common Stock. This total includes 33 dividend equivalent rights that had accrued on the award, according to the Form 4 footnote description.
What new equity award did SSNC grant to director David Varsano?
SS&C granted David Varsano 3,200 restricted stock units. These units convert into Common Stock on a one-for-one basis and are scheduled to vest 100% on the earlier of the first anniversary of the grant date or the company’s fiscal 2027 annual stockholders’ meeting.
Did the SSNC Form 4 for David Varsano report any stock sales or purchases?
The Form 4 for David Varsano reported no open-market stock sales or purchases. It showed an exercise of restricted stock units into 2,580 shares of Common Stock and a separate grant of 3,200 new restricted stock units as part of his director compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
