Form 4: Simulations Plus Director, Sharlene Evans, Acquires Shares as Part of Compensation

Director Sharlene Evans acquired 787 shares of Simulations Plus, Inc. common stock as part of her compensation as an independent director.

Summary

• On February 3, 2025, Sharlene Evans, a director of Simulations Plus, Inc., acquired 787 shares of common stock.
• The shares were granted as compensation for her role as an independent director under the company's 2021 Equity Incentive Plan.
• The acquisition price was $0 per share.
• Following the transaction, Ms. Evans directly owns 8,649 shares of Simulations Plus, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a standard compensation practice that aligns director interests with shareholders.

Positives

• The acquisition of shares by a director demonstrates alignment with shareholder interests.
• The grant of shares as compensation is part of the company's 2021 Equity Incentive Plan, which may incentivize directors to contribute to the company's success.

Industry Context

This type of stock grant to a board member is a common practice to align the board member's incentives with those of the shareholders.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholders by aligning the director's interests with theirs.
• The transaction has a positive impact on the director, Sharlene Evans, by increasing her stake in the company.

Key Dates

Keywords

Simulations Plus, Director, Share Acquisition, Equity Incentive Plan, Compensation, Beneficial Ownership, Form 4, SLP