Form 4: Simulations Plus Director Daniel Weiner Sells 750 Shares Under 10b5-1 Plan

Director Daniel Weiner of Simulations Plus, Inc. executed a sale of 750 shares of common stock at $28.50 per share on December 27, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On December 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 a price of $28.50 per share.
• The transaction was conducted automatically under a Rule 10b5-1 trading plan previously adopted by Weiner.
• Following the transaction, Weiner directly owns 7,236 shares of Simulations Plus, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by insiders are common and can be for a variety of personal financial planning reasons. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on their individual investment strategies and perceptions of insider activity.

Key Dates