Form 4: Simpson Manufacturing EVP Phillip Burton Reports Stock Transactions

EVP Phillip Burton reports acquisition and disposal of Simpson Manufacturing Co., Inc. common stock related to performance stock units and tax obligations.

Summary

• Phillip Burton, EVP of North America at Simpson Manufacturing Co., Inc., reported transactions involving the company's common stock on February 18, 2025.
• He acquired 463 shares of common stock related to performance stock units granted in January 2022, which vested on December 31, 2024, and settled on February 18, 2025.
• Burton also disposed of 274 shares to cover tax withholding obligations for restricted stock units that vested on the same date at a price of $174.28 per share.
• Following these transactions, Burton beneficially owns 5,488 shares of common stock, including 2,635 unvested restricted stock units and 774 shares deferred under the company's Nonqualified Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Future Outlook

The shares of common stock acquired pursuant to this filing have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan (the 'Plan') and will settle on a future date selected by the Reporting Person at the time of his or her deferral election.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It allows investors to monitor management's perspective on the company's stock.

Key Dates

Keywords

Simpson Manufacturing, Phillip Burton, Stock Transactions, Form 4, SEC Filing, Executive Compensation, Common Stock, Restricted Stock Units, Performance Stock Units, Insider Trading