Form 4: Simpson Manufacturing EVP Jennifer Lutz Reports Stock Transactions
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
| 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 stock acquisition and disposal; settlement date for performance stock units; vesting date for restricted stock units. |
| February 19, 2025 | Date 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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