SS&C (SSNC) CFO Brian Schell Exercises RSUs, Sells 17,937 Shares

What Happened

• Brian N. Schell, EVP & CFO of SS&C Technologies (SSNC), had 40,170 restricted stock units (RSUs) convert into common shares on Aug 15, 2026. To satisfy tax withholding, 17,937 of those shares were surrendered/treated as sold at $81.50 each, generating $1,461,866. The net result was 22,233 shares retained by Schell from this vesting.

Key Details

• Transaction date: August 15, 2026; Form filed August 18, 2026 (reports the Aug 15 transaction).
• Reported actions: M = exercise/conversion of derivative (RSU conversion to common stock); F = tax withholding using shares.
• Shares converted (acquired): 40,170; Shares withheld/disposed for taxes: 17,937 at $81.50 = $1,461,866; Net shares retained: 22,233.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These shares are from a grant on Aug 15, 2023 of 115,474 RSUs vesting in three equal annual installments; the 40,170 figure includes 1,679 accrued dividend-equivalent rights.
• Filing timeliness: Form shows the trade date (Aug 15) and filing date (Aug 18); the report does not indicate any special plan (e.g., 10b5-1) or that it was late.

Context

• This was a routine RSU vesting with share withholding to cover tax obligations (a common "sell-to-cover" mechanism), not an open-market sale driven by a discretionary decision. For derivative notation: "M" denotes conversion/exercise of a derivative (here, RSUs converting to common stock) and "F" denotes shares used to pay exercise/tax liabilities.