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

Walter S. Woltosz, a Director and 10% Owner of Simulations Plus, Inc., along with Virginia E. Woltosz, a 10% Owner, sold a total of 20,000 shares of common stock on July 1, 2025, through a pre-arranged Rule 10b5-1 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.
• On July 1, 2025, 7,776 shares were sold at an average price of $17.94 per share, with prices ranging from $17.35 to $18.33.
• On the same date, an additional 12,224 shares were sold at an average price of $18.58 per share, with prices ranging from $18.35 to $18.91.
• The total number of shares sold across these transactions was 20,000.
• These sales were executed automatically pursuant to a Rule 10b5-1 plan adopted by the reporting persons.
• Following these transactions, the reporting persons beneficially own 3,304,157 shares of common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider selling can be perceived negatively, the fact that it was executed under a Rule 10b5-1 plan mitigates concerns about opportunistic selling, making it a routine, pre-planned transaction.

Positives

• The sales were conducted under a Rule 10b5-1 plan, indicating they were pre-scheduled and not based on new, non-public information, which can mitigate negative perceptions of insider selling.

Negatives

• Insider selling, even if pre-planned, can sometimes be perceived negatively by the market as it reduces insider ownership, potentially signaling a lack of confidence, although this is less pronounced with 10b5-1 plans.

Risks

• While the sales are pre-planned, a significant reduction in insider ownership over time could be viewed as a long-term risk regarding management's alignment with shareholder interests.

Future Outlook

NA

Industry Context

This Form 4 filing details an insider stock transaction specific to Simulations Plus, Inc. and does not provide broader industry context or trends.

Related Party Transactions

• Walter S. Woltosz, a Director and 10% Owner, and Virginia E. Woltosz, a 10% Owner, are considered related parties to Simulations Plus, Inc. Their sale of common stock constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The sale of shares by a director and significant owner could be interpreted in various ways by shareholders, though the 10b5-1 plan mitigates concerns about opportunistic selling. It represents a slight reduction in insider ownership.

Key Dates

Recommendation

Keywords

Simulations Plus, SLP, SEC Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Director, 10% Owner, Walter S. Woltosz, Virginia E. Woltosz, Equity Transaction