Form 4: Simpson Manufacturing Executive Sells Shares on March 6, 2024
SEC Form 4 Filing
Phillip Burton, EVP of North America at Simpson Manufacturing Co., Inc., sold 2,000 shares of common stock at a price of $211.39 on March 6, 2024.
Summary
- On March 6, 2024, Phillip Burton, an EVP at Simpson Manufacturing Co., Inc., sold 2,000 shares of the company's common stock.
- The sale price was $211.39 per share.
- Following the transaction, Burton directly owns 4,044 shares of Simpson Manufacturing Co., Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of stock sale transaction |
| 03/07/2024 | Date of signature by Attorney-in-Fact |
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