SS&C Technologies Reports Officer Compensation Arrangement Changes
Ticker: SSNC · Form: 8-K · Filed: 2024-01-10T00:00:00.000Z
Sentiment: neutral
Topics: compensatory-arrangements, executive-compensation, corporate-governance
TL;DR
**SS&C Technologies just filed an 8-K about officer compensation changes, keep an eye on executive pay.**
AI Summary
SS&C Technologies Holdings Inc. filed an 8-K on January 10, 2024, reporting an event that occurred on January 4, 2024, related to changes in compensatory arrangements for certain officers. This filing indicates potential adjustments to executive compensation, which could impact the company's operational expenses and, consequently, its profitability. Investors should monitor future disclosures for details on these arrangements, as they directly affect the company's financial health and executive incentives.
Why It Matters
Changes in executive compensation can influence management's motivation and the company's financial performance, directly impacting shareholder value.
Risk Assessment
Risk Level: medium — While not immediately detailing specific financial impacts, changes in compensatory arrangements can introduce uncertainty regarding future expenses and executive retention.
Analyst Insight
Investors should monitor future filings for specific details on the compensatory arrangements to assess their financial impact and implications for executive incentives.
Key Players & Entities
- SS&C Technologies Holdings Inc. (company) — the registrant filing the 8-K
- January 4, 2024 (date) — date of the earliest event reported
- January 10, 2024 (date) — date the 8-K was filed
- officers (person) — individuals whose compensatory arrangements are being changed
Forward-Looking Statements
- SS&C Technologies will provide more details on the specific compensatory arrangements in a future filing. (SS&C Technologies Holdings Inc.) — medium confidence, target: Q1 2024
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 4, 2024.
What specific items were reported under Item 5.02 in this 8-K filing?
Item 5.02 reported 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
What is the full name of the registrant that filed this 8-K?
The full name of the registrant is SS&C TECHNOLOGIES HOLDINGS, INC.
What is the business address of SS&C Technologies Holdings Inc. as stated in the filing?
The business address is 80 Lamberton Road, Windsor, CT 06095.
What is the Commission File Number for SS&C Technologies Holdings Inc.?
The Commission File Number is 001-34675.
Filing Stats: 856 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-01-10 16:08:52
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share SSNC The Nasdaq Global Se
- $100,000 — alton-Ruskin have a grant date value of $100,000, with the actual number of RSUs to be g
Filing Documents
- ssnc-20240104.htm (8-K) — 45KB
- ssnc-ex99_1.htm (EX-99.1) — 12KB
- img79606320_0.jpg (GRAPHIC) — 5KB
- img164088701_0.jpg (GRAPHIC) — 9KB
- 0000950170-24-003625.txt ( ) — 201KB
- ssnc-20240104.xsd (EX-101.SCH) — 25KB
- ssnc-20240104_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits See Exhibit Index attached hereto. Exhibit No. Description 99.1 Press release, dated January, 9 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 10, 2024 SS&C TECHNOLOGIES HOLDINGS, INC. By: /s/ Jason White Jason White Senior Vice President, General Counsel and Secretary