Form 4: Simulations Plus Director Lisa LaVange Sells 650 Shares Under 10b5-1 Plan

Director Lisa LaVange of Simulations Plus, Inc. sold 650 shares of common stock at $31.88 per share on December 2, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Lisa LaVange, a director at Simulations Plus, Inc., sold 650 shares of common stock on December 2, 2024.
• The sale was executed at a price of $31.88 per share.
• The transaction was conducted automatically under a pre-established Rule 10b5-1 trading plan.
• Following the transaction, Ms. LaVange directly owns 7,150 shares of Simulations Plus stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of an insider stock sale under a pre-arranged plan, which is neither positive nor negative in itself.

Industry Context

This is a routine disclosure of an insider transaction and is typical for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
• The use of a 10b5-1 plan is a common method for insiders to sell shares while avoiding accusations of trading on non-public information.
• The transaction is similar to other insider sales reported by directors and officers of comparable companies.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect due to the pre-arranged nature of the sale.

Key Dates

Keywords

Simulations Plus, insider trading, Form 4, stock sale, 10b5-1 plan, Lisa LaVange, director