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 directors and 10% owners of Simulations Plus, Inc., executed sales of common stock on May 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 1, 2025, Walter S. Woltosz and Virginia E. Woltosz, both directors and 10% owners of Simulations Plus, Inc. (SLP), engaged in transactions involving the company's common stock.
• Walter S. Woltosz acquired 786 shares of common stock as part of independent director compensation under the company's 2021 Equity Incentive Plan.
• The Woltoszes sold 9,396 shares at an average price of $33.20 and 10,604 shares at an average price of $33.78.
• These sales were executed automatically under a pre-existing Rule 10b5-1 trading plan.
• Following these transactions, Walter S. Woltosz and Virginia E. Woltosz beneficially own 3,344,157 shares of Simulations Plus, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transactions were part of a pre-planned trading strategy. The acquisition of shares as compensation is a slightly positive sign.

Positives

• The acquisition of 786 shares by Walter S. Woltosz as part of independent director compensation indicates continued alignment with the company's success.

Risks

• The sale of shares by a director and 10% owner could be perceived negatively by the market, although it was conducted under a pre-arranged Rule 10b5-1 plan.

Future Outlook

The reporting persons will likely continue to execute trades under the Rule 10b5-1 plan.

Industry Context

Sales by insiders are common and often pre-planned to avoid accusations of insider trading. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices.

Related Party Transactions

• The stock grant to Walter S. Woltosz as independent director compensation is a related party transaction.

Stakeholder Impact

• The stock sales could have a minor impact on shareholder sentiment, but the Rule 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Simulations Plus, SLP, Walter Woltosz, Virginia Woltosz, Form 4, Rule 10b5-1, Director, Stock Sale, Equity Incentive Plan, Beneficial Ownership