Form 4: Simpson Manufacturing Director Acquires Shares Under Compensation Policy

Gary M. Cusumano, a director at Simpson Manufacturing Co., Inc., acquired 642 shares of common stock on May 1, 2024, under the company's non-employee director compensation policy.

Summary

• On May 1, 2024, Gary M. Cusumano, a director of Simpson Manufacturing Co., Inc., acquired 642 shares of common stock.
• The acquisition was made under the company's non-employee director compensation policy at a price of $0.
• Following the transaction, Cusumano directly owns 18,714 shares of common stock.
• Cusumano also indirectly owns 5,000 shares through the Cusumano Family Trust, but disclaims beneficial ownership of these shares.
• The report was signed by Cari Fisher, Attorney-in-Fact, on May 2, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director's acquisition of shares could be seen as slightly positive, but it's part of a pre-existing compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares under a compensation policy.

Key Dates