Form 4: Simulations Plus Director Daniel Weiner Acquires Shares as Part of Compensation
SEC Form 4
Director Daniel L. Weiner acquired 786 shares of Simulations Plus, Inc. common stock as part of his compensation as an independent director.
Summary
- On May 1, 2025, Daniel L. Weiner, a director of Simulations Plus, Inc., acquired 786 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's total beneficial ownership of Simulations Plus, Inc. common stock is 8,809 shares.
Sentiment
Score: 7
Explanation: The document reflects a neutral to slightly positive sentiment as it reports a standard transaction of a director receiving stock compensation, indicating alignment of interests.
Positives
- The acquisition of shares by a director demonstrates alignment with shareholder interests.
- The grant of shares as compensation is a common practice to incentivize directors.
Industry Context
Director compensation in the form of stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders. This encourages directors to focus on long-term value creation.
Comparison to Industry Standards
- Stock grants to independent directors are a standard component of compensation packages in the software and simulation industry.
- Companies like Ansys and Autodesk also utilize equity-based compensation for their board members.
- The amount of stock granted is generally benchmarked against peer companies and the director's level of responsibility.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of the transaction: Daniel L. Weiner acquired 786 shares of Simulations Plus, Inc. common stock. |
Keywords
Simulations Plus, Director, Daniel Weiner, Stock Acquisition, Compensation, Equity Incentive Plan, Beneficial Ownership, SLP
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