Form 4: Simulations Plus Director Daniel Weiner Sells 750 Shares

Director Daniel Weiner of Simulations Plus, Inc. sold 750 shares of common stock at an average price of $31.54 on September 27, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On September 27, 2024, Daniel L. Weiner, a director of Simulations Plus, Inc., sold 750 shares of the company's common stock.
• The sale was executed at an average price of $31.54 per share.
• The transaction was conducted automatically under a Rule 10b5-1 plan previously adopted by Weiner.
• Following the transaction, Weiner directly owns 6,994 shares of Simulations Plus, Inc.
• The shares were sold in multiple transactions at prices ranging from $31.18 to $31.86.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction appears to be part of a pre-planned trading strategy and doesn't necessarily reflect a change in the director's view of the company's prospects.

Industry Context

Sales by insiders are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. It is important to consider the overall trend of insider transactions and the context of the company's performance.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but the pre-planned nature of the sale mitigates this concern.

Key Dates