Form 4: Simpson Manufacturing Co. Director Kenneth Knight Reports Acquisition and Deferral of Restricted Stock Units
SEC Form 4
Director Kenneth Knight reports acquisition of restricted stock units and deferral under the Simpson Manufacturing Co., Inc. Nonqualified Plan.
Summary
- Kenneth D. Knight, a director of Simpson Manufacturing Co., Inc., reported acquiring 783 restricted stock units on May 6, 2025, under the company's non-employee director compensation policy.
- These units were deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan and will be settled in shares of common stock on a future date selected by Knight.
- Following the transaction, Knight beneficially owns 4,097 shares of common stock, including 2,150 restricted stock units deferred under the Plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and insider confidence.
Positives
- The acquisition of restricted stock units by a director signals confidence in the company's future performance.
Future Outlook
The restricted stock units will be settled in shares of common stock on a future date selected by the Reporting Person.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: Acquisition of restricted stock units. |
| 05/08/2025 | Date of signature by Attorney-in-Fact. |
Keywords
restricted stock units, director compensation, beneficial ownership, Form 4, Simpson Manufacturing Co., deferral plan
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