Kanwar Rahul 4

What Happened

• Kanwar Rahul, President & COO of SS&C Technologies (SSNC), had 17,560 restricted stock units (RSUs) convert into common stock on March 2, 2026. Of those, 9,711 shares were withheld to cover taxes at a reported withholding price of $75.19 per share, totaling $730,170. The conversion resulted in a net delivery of 7,849 shares to the insider.
• The filing shows two conversion/exercise (M) entries for 17,560 shares and a tax withholding (F) disposition of 9,711 shares. One M line lists a $0 amount for the derivative disposition, indicating the RSU/derivative settlement produced no cash proceeds.

Key Details

• Transaction date: March 2, 2026; Form 4 filed March 3, 2026 (timely filing).
• Converted/vested: 17,560 RSUs; Tax-withheld/disposed: 9,711 shares at $75.19 → $730,170 withheld; Net shares received: 7,849.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — RSUs convert one-for-one to common stock. F2 — These RSUs come from a March 2, 2023 grant of 50,702 RSUs vesting in three equal annual installments; the reported amount includes 659 dividend equivalent rights.
• Transaction codes: M = exercise/conversion of derivative (RSU vesting/settlement); F = shares withheld to satisfy tax withholding.

Context

• This appears to be a routine RSU vesting and cashless tax-withholding transaction rather than an open-market purchase or sale. Withholding shares to cover taxes is common and does not by itself indicate a broader buy or sell decision.
• For retail investors, purchases or net buys are typically more informative than routine vesting/withholding events; here the insider received a net 7,849 shares after tax withholding.