SS&C Technologies Holdings Inc·4

May 22, 4:35 PM ET

BOULANGER NORMAND A 4

Research Summary

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SS&C (SSNC) Director Normand A. Boulanger Receives RSU Vesting

What Happened

  • Normand A. Boulanger, a director of SS&C Technologies Holdings (SSNC), had restricted stock units (RSUs) vest on May 20, 2026. The vesting converted 3,200 RSUs into common shares (award A), and 2,580 of those shares were withheld/disposed to cover tax withholding (reported as an exercise/conversion M with disposition). The awards and withholding are reported at $0.00 because they arose from vesting, not an open-market purchase or sale. Net shares retained from this event: 3,200 − 2,580 = 620 shares.

Key Details

  • Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (timely within the required reporting window).
  • Reported entries: Grant/Award (A) — 3,200 shares @ $0.00 (acquired); Exercise/Conversion (M) — 2,580 shares withheld/disposed @ $0.00.
  • Net shares received: 620 (3,200 vested − 2,580 withheld for taxes).
  • Footnotes: F1 notes vesting of RSUs granted May 21, 2025 and 33 dividend equivalent rights; F2 confirms RSUs convert 1-for-1 into common stock; F3 states the RSUs vest 100% on earlier of first anniversary of grant or issuer’s 2027 annual meeting.
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context

  • This was a standard RSU vesting event with shares withheld to satisfy tax withholding — a routine administrative step (not an open-market sale). Vesting awards reported at $0 reflect that these were granted equity converting to shares rather than a purchase.