Form 4: Simulations Plus Director Walter Woltosz and Virginia Woltosz Execute Stock Sales Under 10b5-1 Plan

Walter S. Woltosz and Virginia E. Woltosz, both listed as directors and 10% owners of Simulations Plus, Inc., executed sales of common stock on June 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On June 3, 2024, Walter S. Woltosz and Virginia E. Woltosz, both directors and 10% owners of Simulations Plus, Inc. (SLP), sold shares of common stock.
• The sales were executed under a Rule 10b5-1 plan.
• Walter S. Woltosz sold 15,391 shares at $46 and 4,609 shares at an average price of $47.08.
• The total shares sold by Walter S. Woltosz was 20,000.
• Following the transactions, Walter S. Woltosz directly owns 3,560,857 shares of Simulations Plus, Inc.

Sentiment

Score: 5

Explanation: The document simply reports stock sales under a pre-existing plan, so the sentiment is neutral.

Industry Context

Insider trading activity is always closely watched by investors as it can provide signals, although in this case the trading plan was pre-arranged.

Stakeholder Impact

• The stock sales by a director and 10% owner may cause short term concern among shareholders.

Key Dates