Form 4: Simpson Manufacturing Co. EVP Michael Andersen Reports Stock Transactions
SEC Form 4 Filing
Michael Andersen, EVP of Europe at Simpson Manufacturing Co., reports acquisition of 463 shares of common stock and disposal of shares on February 18, 2025.
Summary
- On February 18, 2025, Michael Andersen, EVP of Europe at Simpson Manufacturing Co., acquired 463 shares of common stock.
- The acquisition was related to performance stock units granted in January 2022, with performance and vesting periods ending December 31, 2024.
- The settlement date for these units was February 18, 2025.
- Andersen also disposed of shares on the same day.
- Following these transactions, Andersen beneficially owns 9,810 shares of Simpson Manufacturing Co. common stock, which includes 2,108 restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| January 2022 | Performance stock units were granted. |
| December 31, 2024 | Performance and vesting periods ended for the performance stock units. |
| February 18, 2025 | Date of the stock acquisition and disposal related to the performance stock units settlement. |
| February 19, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Simpson Manufacturing Co., Michael Andersen, Stock Transaction, Beneficial Ownership, Executive Compensation, Performance Stock Units, Restricted Stock Units
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