Form 4: Simpson Manufacturing EVP Jennifer Lutz Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jennifer Lutz, EVP of Human Resources at Simpson Manufacturing Co., Inc., reports the acquisition and disposal of company stock on February 18, 2025.

Summary

  • On February 18, 2025, Jennifer Lutz, EVP of Human Resources at Simpson Manufacturing Co., Inc., reported transactions involving the company's common stock.
  • Lutz acquired 463 shares of common stock at $0, which were deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan.
  • These shares represent performance stock units granted in January 2022, with performance and vesting periods ending December 31, 2024, and a settlement date of February 18, 2025.
  • Additionally, 39 shares were disposed of at a price of $174.28 to cover tax withholding obligations for restricted stock units that vested on the same date.
  • Following these transactions, Lutz beneficially owns 4,377 shares, including 1,419 unvested restricted stock units and 1,738 shares deferred under the Plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity. It's a standard practice for publicly traded companies to report such transactions to the SEC.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly altering the ownership structure.

Key Dates

DateDescription
January 2022Performance stock units were granted.
December 31, 2024Performance and vesting periods ended for the performance stock units.
February 18, 2025Date of stock acquisition and disposal; settlement date for performance stock units; vesting date for restricted stock units.
February 19, 2025Date of signature by Attorney-in-Fact.

Keywords

Simpson Manufacturing, Jennifer Lutz, Stock Transactions, Form 4, Executive Compensation, Equity Securities, Beneficial Ownership, SEC Filing

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