SS&C Technologies Holdings Inc·4

May 22, 4:41 PM ET

ZAMKOW MICHAEL JAY 4

Research Summary

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Updated

SS&C (SSNC) Director Michael Zamkow Exercises Options, Sells Shares

What Happened

  • Michael Jay Zamkow, a director of SS&C Technologies Holdings (SSNC), exercised stock derivatives and immediately sold shares. On 2026-05-20 he exercised 3,000 shares at $30.45 (cost $91,335) and sold those 3,000 shares for total proceeds of $200,353 (weighted avg ~$66.78). On 2026-05-22 he repeated this: exercised 3,000 at $30.45 (cost $91,335) and sold for $200,043 (weighted avg ~$66.68). Total sale proceeds from those two dispositions were about $400,396.
  • The filing also shows the conversion/vesting of other derivative awards: a grant/vesting of 3,200 restricted stock units (reported as acquired at $0.00) and entries for 2,580 shares converted/exercised (reported with no cash price). Some disposals are reported as $0.00 in connection with derivative conversions/withholdings.

Key Details

  • Transaction dates and prices:
    • 2026-05-20: exercised 3,000 @ $30.45 (acq $91,335); sold 3,000 for total $200,353 (weighted avg prices in range $66.77–$66.81).
    • 2026-05-22: exercised 3,000 @ $30.45 (acq $91,335); sold 3,000 for total $200,043 (weighted avg prices in range $66.63–$66.70).
    • 2026-05-20: RSU/derivative activity shows 3,200 shares acquired (vesting) and 2,580 shares converted/exercised (reported with N/A or $0.00).
  • Sales were effectively cashless (options exercised and shares sold the same day).
  • Footnotes: weighted-average sale prices reported (see ranges above); RSUs vested (original grant May 21, 2025) convert one-for-one into common stock; some securities are held in a brokerage account in the reporting person’s adult son’s name and the reporting person disclaims beneficial ownership to the extent noted.
  • Filing timeliness: Transactions occurred May 20 (and May 22 for one exercise) and the Form 4 was filed May 22, 2026 — within the standard 2-business-day reporting window.

Context

  • Exercises followed by immediate sales are commonly structured to cover the exercise cost and taxes (cashless exercise); the filing shows both the acquisition cost of the exercised options and the sale proceeds.
  • Restricted stock units (RSUs) convert into ordinary shares one-for-one on vesting and are reported separately from option exercises.
  • These entries are factual reporting of insider activity; they do not by themselves indicate the director’s private view of the company’s long-term prospects.