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 April 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Walter S. Woltosz and Virginia E. Woltosz, both directors and 10% owners of Simulations Plus, Inc. (SLP), reported sales of common stock on April 1, 2025.
• The sales were executed under a Rule 10b5-1 plan.
• Walter S. Woltosz sold 17,400 shares at an average price of $24.01 and 2,600 shares at an average price of $24.62.
• Following the transactions, Walter S. Woltosz directly owns 3,363,371 shares of Simulations Plus, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the stock sales were conducted under a pre-arranged 10b5-1 plan, which doesn't necessarily indicate a negative outlook on the company. It's a routine transaction.

Industry Context

Insider trading activity, especially sales, is closely watched by investors as it can provide insights into management's perspective on the company's future prospects. However, sales under a 10b5-1 plan are often pre-scheduled and may not necessarily reflect a change in sentiment.

Stakeholder Impact

• The stock sales by a director and 10% owner could create short-term uncertainty among shareholders.
• However, the existence of a 10b5-1 plan mitigates concerns that the sales are based on inside information.

Key Dates

Keywords

Simulations Plus, SLP, Form 4, Woltosz, Insider Trading, Rule 10b5-1, Stock Sale, Director, 10% Owner