Varsano David 4

What Happened
David Varsano, a director of SS&C Technologies Holdings (SSNC), reported the vesting/conversion of 3,200 restricted stock units (RSUs) into common shares on May 20, 2026. The filing shows a 3,200-share award/acquisition (derivative, $0) and a reported disposition of 2,580 shares at $0 (derivative). Net from these entries, 620 shares were retained by Varsano. No cash purchase or open-market sale is recorded.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (timely).
• Entries: 3,200 shares acquired via award (RSU conversion) recorded at $0; 2,580 shares disposed at $0 (recorded as derivative). Net increase = 620 shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1 — Reflects vesting of RSUs granted May 21, 2025, together with 33 dividend equivalent rights.
  • F2 — RSUs convert into common stock on a one-for-one basis.
  • F3 — The RSUs vest 100% on the earlier of (i) the first anniversary of the grant date and (ii) the issuer’s annual meeting in fiscal 2027.
• The $0 dispositions likely reflect shares withheld/retired in connection with the vesting (e.g., for tax withholding), but the filing lists them as derivative dispositions.

Context

• This transaction is routine equity compensation vesting for a director rather than an open-market buy or sell. Vesting events increase insider holdings (net here = 620 shares) but withheld shares commonly cover taxes and do not signal a market-direction bet.
• The filing appears timely (filed within two days of the transaction), and David Varsano is reported as a director, not a 10% owner.