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

Sentiment:

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

DateDescription
11/01/2024Date of transaction: Daniel Weiner acquired 992 shares of Simulations Plus, Inc. common stock.
11/05/2024Date of signature on the Form 4 filing.

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