SS&C president exercises RSUs, withholds shares
SS&C Technologies Holdings Inc President & COO Rahul Kanwar reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
SS&C Technologies Holdings Inc President & COO Rahul Kanwar reported equity award activity involving restricted stock units and common shares. On March 2, 2026, he exercised 17,560 restricted stock units, which converted one-for-one into 17,560 shares of common stock. On the same date, 9,711 common shares at $75.19 per share were disposed of to cover tax obligations related to the award. After these transactions, Kanwar directly owned 190,370 shares of SS&C common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,560 | $0.00 | $0.00 |
| Exercise | Common Stock | 17,560 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,711 | $75.19 | $730K |
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On March 2, 2023, the reporting person was granted 50,702 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. The number of securities reported in columns 5 and 7 includes 659 dividend equivalent rights accrued with respect to the underlying restricted stock units.
FAQ
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What did SSNC President Rahul Kanwar report in this Form 4?
How many SSNC restricted stock units did Rahul Kanwar exercise?
What are the terms of Rahul Kanwar’s March 2, 2023 SSNC RSU grant?
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