Form 4: Simulations Plus Director and 10% Owner, Walter S. Woltosz, Sells 20,000 Shares

Walter S. Woltosz, a director and 10% owner of Simulations Plus, Inc., sold 20,000 shares of common stock at an average price of $31.76 per share.

Summary

• Walter S. Woltosz, a director and 10% owner of Simulations Plus, Inc., sold 20,000 shares of the company's common stock.
• The sale occurred on December 2, 2024, at an average price of $31.76 per share.
• The shares were sold automatically under a pre-arranged Rule 10b5-1 trading plan.
• The sales were executed in multiple transactions with prices ranging from $31.47 to $32.04.
• Following the transaction, Walter S. Woltosz directly owns 3,442,584 shares of Simulations Plus, Inc.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a routine event. There is no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for directors and major shareholders to sell shares under pre-arranged trading plans.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
• The use of a Rule 10b5-1 plan is a common method for insiders to sell shares while avoiding accusations of trading on non-public information.
• The sale of 20,000 shares is not unusual for a director and 10% owner of a company.

Stakeholder Impact

• The sale of shares by a director and 10% owner could have a minor impact on investor sentiment, but is unlikely to have a significant impact on the company's operations or financial health.

Key Dates

Keywords

Simulations Plus, SLP, insider trading, stock sale, Form 4, Rule 10b5-1, Walter S. Woltosz, director, 10% owner