Form 4: Simpson Manufacturing EVP Jennifer Lutz Sells 1,000 Shares
SEC Form 4 Filing
Jennifer Lutz, EVP of Human Resources at Simpson Manufacturing Co., Inc., sold 1,000 shares of common stock at a price of $175.58 on August 9, 2024.
Summary
- On August 9, 2024, Jennifer Lutz, the EVP of Human Resources at Simpson Manufacturing Co., Inc., sold 1,000 shares of the company's common stock.
- The sale price was $175.58 per share.
- Following the transaction, Lutz directly owns 4,033 shares of Simpson Manufacturing Co., Inc.
- The filing also mentions that Lutz holds restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Jennifer Lutz sold 1,000 shares of Simpson Manufacturing Co., Inc. common stock. |
| 08/13/2024 | Date of signature: Cari Fisher, Attorney-in-Fact, signed the Form 4 on behalf of Jennifer Lutz. |
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