Form 4: Simulations Plus Director Daniel Weiner Acquires Shares as Compensation
SEC Form 4 Filing
Director Daniel Weiner acquired 992 shares of Simulations Plus, Inc. common stock as part of independent director compensation.
Summary
- On November 1, 2024, Daniel L. Weiner, a director of Simulations Plus, Inc., acquired 992 shares of common stock.
- The shares were granted as independent director compensation under the company's 2021 Equity Incentive Plan.
- The acquisition price was $0 per share.
- Following the transaction, Weiner directly owns 7,986 shares of Simulations Plus, Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a standard director compensation practice, indicating confidence in the company's future.
Positives
- The acquisition of shares by a director demonstrates alignment with the company's success.
- The grant of shares as compensation is a common practice to incentivize directors.
Industry Context
Director compensation through stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Daniel Weiner acquired 992 shares of Simulations Plus, Inc. common stock. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
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