Form 4: Simpson Manufacturing EVP Jeremy Gilstrap Reports Stock Transactions

EVP of Innovation at Simpson Manufacturing, Jeremy Gilstrap, reports acquisition and disposal of company stock related to performance stock units and tax obligations.

Summary

• Jeremy Gilstrap, EVP of Innovation at Simpson Manufacturing Co., Inc., reported transactions involving the company's common stock on February 18, 2025.
• Gilstrap acquired 463 shares of common stock related to performance stock units granted in January 2022, with performance and vesting periods ending December 31, 2024.
• He also disposed of 191 shares to cover tax withholding obligations at a price of $174.28 per share.
• Following these transactions, Gilstrap directly owns 10,294 shares and indirectly owns 1,244 shares through a trust (PSP).
• A portion of the acquired shares have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan and will settle on a future date.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions, so the sentiment is neutral.

Future Outlook

A portion of the acquired shares have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan and will settle on a future date selected by the Reporting Person.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

Keywords

Simpson Manufacturing, Jeremy Gilstrap, stock transaction, Form 4, performance stock units, tax withholding, beneficial ownership, deferred compensation, restricted stock units