Form 4: Simulations Plus Director Sharlene Evans Acquires Shares as Part of Compensation
SEC Form 4
Director Sharlene Evans acquired 786 shares of Simulations Plus, Inc. common stock as part of her compensation as an independent director.
Summary
- On May 1, 2025, Sharlene Evans, a director of Simulations Plus, Inc., acquired 786 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.
- Following the transaction, Evans directly owns 9,435 shares of Simulations Plus, Inc.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (stock grant as compensation) and doesn't contain any alarming or negative information. It suggests a stable and well-governed company.
Positives
- The acquisition of shares by a director demonstrates alignment of interests with shareholders.
- The stock grant serves as compensation for an independent director, incentivizing their service.
Industry Context
This type of stock grant to independent directors is a common practice in publicly traded companies to align their interests with those of the shareholders and incentivize their contributions to the company's governance and strategic direction.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Sharlene Evans acquired 786 shares of Simulations Plus, Inc. common stock. |
| 05/01/2025 | Date of signature: Daniel Hoeft, attorney-in-fact for Sharlene Evans, signed the Form 4. |
Keywords
Simulations Plus, Director, Share Acquisition, Compensation, Equity Incentive Plan, Form 4, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.