Kanwar Rahul 4

4 · SS&C Technologies Holdings Inc · Filed Feb 18, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

SS&C (SSNC) President & COO Rahul Kanwar Exercises Awards; Shares Withheld

What Happened

Rahul Kanwar, President & COO of SS&C Technologies (SSNC), had restricted stock units / performance stock units (derivative awards) convert/exercise into common stock following certification of performance and time-based vesting. The filing reports multiple awards on Feb 13, 2026 (including 210,715; 195,695; and 41,615-share awards) and conversion/exercise entries on Feb 13–14, 2026.
To satisfy tax withholding obligations the company withheld and disposed of 116,158 shares on Feb 13, 2026 at $72.09 per share for proceeds of $8,373,830, and withheld 4,663 shares on Feb 14, 2026 at $72.09 for $336,156 — a total of 120,821 shares withheld and ~$8.71 million raised. The transactions are reported as awards/derivative conversions with tax-withholding share dispositions (code F).

Key Details

Transaction dates and prices: Feb 13–14, 2026; tax withholding disposals at $72.09/share (116,158 shares for $8,373,830 on Feb 13; 4,663 shares for $336,156 on Feb 14).
Awards reported on Feb 13, 2026 included 210,715; 195,695; and 41,615 derivative awards (RSUs/PSUs) that converted/exercised into common stock per the Form 4.
Total shares withheld/sold for taxes: 120,821 shares; total cash realized from withholding: ~$8.71M.
Footnotes of note:
- F1: RSUs and PSUs convert 1:1 into common stock.
- F2: The PSUs (granted Mar 2, 2023) were certified at 200% of target for FY2023–FY2025, and the reported number includes 3,954 dividend equivalents prior to adjustment for performance.
- F3–F5: Additional footnotes describe ongoing time-based vesting schedules for options and RSUs (standard multi-year vesting).
Shares owned after transaction: not specified in the information you provided from the filing.
Filing timeliness: Form 4 was filed on Feb 18, 2026 reporting activity on Feb 13–14, 2026; this appears to be filed after the typical two-business-day window (the filing shows a one-day delay), so it was effectively late.

Context

These transactions reflect award vesting/conversion and tax-withholding (a common “cashless” settlement to cover taxes), not an open-market sale for investment purposes. The key signal here is that PSUs were certified at 200% of target (per F2), triggering a large vested payout; the withheld shares were used to satisfy tax obligations.
No 10% owner issues or gifts are indicated; this is routine executive compensation settlement activity rather than a discretionary insider purchase or market sale.

Form 4

Period: 2026-02-13

President & COO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-13+210,715→ 284,812 total
Tax Payment
Common Stock
2026-02-13$72.09/sh−116,158$8,373,830→ 168,654 total
Exercise/Conversion
Common Stock
[F1]
2026-02-14+11,418→ 180,072 total
Tax Payment
Common Stock
2026-02-14$72.09/sh−4,663$336,156→ 175,409 total
Award
Performance Stock Units
[F1][F2]
2026-02-13+210,715→ 210,715 total
→ Common Stock (210,715 underlying)
Exercise/Conversion
Performance Stock Units
[F1][F2]
2026-02-13−210,715→ 0 total
→ Common Stock (210,715 underlying)
Award
Stock Option (right to buy)
[F3]
2026-02-13+195,695→ 195,695 total
Exercise: $72.09Exp: 2036-02-13→ Common Stock (195,695 underlying)
Award
Restricted Stock Units
[F1][F4]
2026-02-13+41,615→ 41,615 total
→ Common Stock (41,615 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5]
2026-02-14−11,418→ 22,559 total
→ Common Stock (11,418 underlying)

Footnotes (5)

[F1]Restricted stock units and performance stock units convert into common stock on a one-for-one basis.
[F2]The performance stock units were granted on March 2, 2023 and became eligible to vest upon certification by the Compensation Committee on February 13, 2026 that performance goals for the FY2023-FY2025 period were achieved at 200% of target. The number of securities reported in column 5 and 7 includes 3,954 dividend equivalent rights with respect to the underlying performance stock units (prior to adjustment for achievement of performance at 200% of target).
[F3]Represents a time-vesting stock option, which vests as to one quarter on February 13, 2027 and then 1/36 each month thereafter until fully vested on the fourth anniversary of the date of grant.
[F4]The Restricted Stock Units vest 1/3 on each of February 13, 2027, 2028 and 2029.
[F5]On February 14, 2025, the reporting person was granted 33,838 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 139 dividend equivalent rights accrued with respect to the underlying restricted stock units.

Signature

/Jason White/, attorney-in-fact for Rahul Kanwar|2026-02-18

1 file