Form 4: Simulations Plus Director Daniel L. Weiner Acquires Shares as Compensation

Sentiment:

SEC Form 4


Director Daniel L. Weiner acquired 662 shares of Simulations Plus, Inc. common stock on May 1, 2024, as part of independent director compensation.

Summary

  • On May 1, 2024, Daniel L. Weiner, a director of Simulations Plus, Inc., acquired 662 shares of common stock.
  • The acquisition was part of his compensation as an independent director.
  • The shares were granted under the issuer's 2021 Equity Incentive Plan.
  • Following the transaction, Weiner beneficially owns 10,009 shares of Simulations Plus, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and alignment of interests.

Positives

  • The acquisition of shares by a director demonstrates alignment with shareholder interests.

Industry Context

Director share acquisitions are a common practice in publicly traded companies, often used to align the interests of directors with those of shareholders. This transaction is part of Simulations Plus's compensation strategy for its independent directors.

Stakeholder Impact

  • The transaction could have a slightly positive impact on shareholders by aligning director interests with company performance.

Key Dates

DateDescription
05/01/2024Date of transaction: Daniel L. Weiner acquired 662 shares of Simulations Plus, Inc. common stock.
05/02/2024Date of signature on the Form 4 filing.

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