Form 4: Simpson Manufacturing Co. Officer Udit Mehta Reports Tax Withholding Transaction
SEC Form 4 Filing
Udit Mehta, Chief Technology Officer of Simpson Manufacturing Co., reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On February 18, 2025, Udit Mehta, Chief Technology Officer of Simpson Manufacturing Co., Inc., had 320 shares of common stock withheld by the company to satisfy tax obligations.
- This transaction was related to the vesting of Mehta's restricted stock units.
- Following the transaction, Mehta beneficially owns 4,406 shares of Simpson Manufacturing Co., Inc., including 3,419 unvested Restricted Stock Units.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation. It's neutral in sentiment as it simply reports a required disclosure.
Industry Context
This is a standard SEC filing related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a standard procedure for tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: shares of common stock withheld for tax obligations and vesting of restricted stock units. |
| 02/19/2025 | Date of signature by Cari Fisher, Attorney-in-Fact. |
Keywords
Form 4, Simpson Manufacturing Co., Udit Mehta, Chief Technology Officer, Tax Withholding, Restricted Stock Units, Beneficial Ownership, Equity Securities
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