Form 4: Simpson Manufacturing EVP Cassandra Payton Reports Stock Transaction
SEC Form 4 Filing
Cassandra Payton, EVP and General Counsel of Simpson Manufacturing Co., Inc., reports a transaction involving the withholding of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On February 18, 2025, Cassandra Payton, EVP and General Counsel of Simpson Manufacturing Co., Inc., had 255 shares of common stock withheld by the company to satisfy tax obligations.
- This transaction occurred because of the vesting of restricted stock units.
- Following the transaction, Payton directly owns 3,095 shares of Simpson Manufacturing Co., Inc., which includes 2,362 unvested Restricted Stock Units.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine transaction related to executive compensation and does not inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the executive's stock ownership and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock transaction (tax withholding) and vesting of restricted stock units. |
| 02/19/2025 | Date of signature by Cari Fisher, Attorney-in-Fact. |
Keywords
Form 4, Simpson Manufacturing, Cassandra Payton, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Officer
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