President & COO Kanwar Rahul sold 500,000 shares of SSNC for $36,541,217.64 at blended avg $73.08; divested 89.7% of pre-transaction holdings
Kanwar Rahul, President & COO of SS&C Technologies, executed four separate sales on 2024-08-20 and 2024-08-21 totaling 500,000 shares for $36,541,217.64 (blended average $73.08), reducing his holdings from 557,642 shares to 57,642 shares—a 89.7% reduction in position size. This represents a substantial, concentrated liquidation of his equity stake. His prior trade at SSNC on 2023-08-29 was similarly timed, and cross-ticker track record shows 100.00% well-timed sell rate at the 90-day mark, where his last sale saw a -1.4% return in that window. The stock currently trades at $73.40, only 0.4% from its 52-week high of $73.66, and has risen 8.4% over the past 30 days and 18.7% over 90 days, suggesting the executive executed these sales near recent price peaks.