Form 4: Simpson Manufacturing CFO Dunn Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Matt Dunn, CFO of Simpson Manufacturing Co., Inc., sold shares to cover tax obligations related to vested restricted stock units.

Summary

  • On February 18, 2025, Matt Dunn, the Chief Financial Officer of Simpson Manufacturing Co., Inc., engaged in a transaction involving the company's common stock.
  • Dunn disposed of 57 shares of common stock at a price of $174.28 per share to satisfy tax withholding obligations related to vested restricted stock units.
  • Following the transaction, Dunn directly owns 2,205 shares of Simpson Manufacturing Co., Inc., including 2,073 unvested Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested stock, which is a common occurrence.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

DateDescription
02/18/2025Date of transaction: CFO Matt Dunn disposed of shares to cover tax obligations and restricted stock units vested.
02/19/2025Date of signature by Cari Fisher, Attorney-in-Fact.

Keywords

Form 4, Simpson Manufacturing, Matt Dunn, CFO, Stock Sale, Tax Obligations, Restricted Stock Units, Beneficial Ownership

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