Form 4: Simulations Plus Director and 10% Owner Execute Pre-Planned Stock Sales

Walter S. Woltosz and Virginia E. Woltosz, a director and 10% owner of Simulations Plus, Inc., have sold 20,000 shares of common stock through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Walter S. Woltosz, a Director and 10% Owner, and Virginia E. Woltosz, a 10% Owner, of Simulations Plus, Inc. (SLP) reported sales of common stock.
• A total of 20,000 shares of common stock were sold on June 2, 2025, through multiple transactions.
• The sales were executed automatically pursuant to a Rule 10b5-1 plan adopted by the reporting persons, indicating a pre-scheduled transaction rather than a discretionary sale.
• The shares were sold at various prices ranging from $26.34 to $31.37 per share.
• Following these transactions, the reporting persons beneficially own 3,324,157 shares of Simulations Plus, Inc. common stock.

Sentiment

Score: 4

Explanation: The sentiment is moderately negative due to the insider selling, despite it being a pre-planned 10b5-1 transaction. While 10b5-1 plans reduce the immediate negative implication of discretionary selling, a reduction in insider ownership is generally viewed unfavorably by investors.

Positives

• The sales were conducted under a Rule 10b5-1 plan, which indicates the transactions were pre-scheduled and not based on new, non-public information, potentially mitigating concerns about insider selling.

Negatives

• A significant number of shares (20,000) were sold by a director and 10% owner, reducing their direct beneficial ownership in the company.
• The sales occurred at various price points, with some transactions at lower prices (e.g., $26.34) compared to others (e.g., $31.37).

Risks

• The reduction in insider ownership, even if pre-planned, could be perceived by some investors as a decrease in management's alignment with shareholder interests, potentially leading to negative market sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is specific to an insider transaction and does not provide broader insights into industry trends or competitive landscape for Simulations Plus, Inc., which operates in the life sciences and pharmaceutical software industry.

Related Party Transactions

• The reported sales of common stock by Walter S. Woltosz (Director and 10% Owner) and Virginia E. Woltosz (10% Owner) are considered related party transactions due to their significant roles and ownership in Simulations Plus, Inc.

Stakeholder Impact

• Shareholders may interpret the insider selling as a signal, potentially influencing their perception of the company's future prospects or the insiders' confidence.
• The reduction in insider ownership could slightly decrease the alignment between management/significant owners and common shareholders.

Key Dates

Keywords

Simulations Plus, SLP, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Director Sale, 10% Owner, Beneficial Ownership, SEC Filing