Form 4: Simulations Plus Director Lisa LaVange Sells 650 Shares

Director Lisa LaVange of Simulations Plus, Inc. sold 650 shares of common stock at $48.26 per share on June 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On June 3, 2024, Lisa LaVange, a director of Simulations Plus, Inc., sold 650 shares of the company's common stock.
• The sale was executed at a price of $48.26 per share.
• The transaction was conducted automatically under a Rule 10b5-1 trading plan previously adopted by LaVange.
• Following the transaction, LaVange directly owns 6,723 shares of Simulations Plus, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a change in the director's confidence in the company.

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. Rule 10b5-1 plans are designed to allow insiders to trade without being accused of trading on non-public information.

Key Dates