Form 4: Simulations Plus Insider Trades Common Stock

Jill Fiedler-Kelly, President of Services Solutions at Simulations Plus, Inc., executed a Rule 10b5-1 plan transaction involving the acquisition and sale of company common stock.

Summary

• Jill Fiedler-Kelly, President of Services Solutions, acquired 1,000 shares of Simulations Plus, Inc. common stock on May 11, 2026, at a price of $10.05 per share.
• On the same date, Ms. Fiedler-Kelly sold 1,000 shares of common stock at $16.53 per share, as part of a pre-arranged Rule 10b5-1 trading plan.
• Following these transactions, Ms. Fiedler-Kelly beneficially owns 77,817 shares of common stock directly.
• Additionally, she holds 8,400 derivative securities (employee stock options) that are fully vested.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. While it details a profitable transaction for the insider, it's executed under a pre-defined plan and doesn't offer new insights into the company's performance or future prospects.

Positives

• The acquisition of shares at a lower price ($10.05) and subsequent sale at a higher price ($16.53) indicates a profitable transaction for the reporting person.
• The use of a Rule 10b5-1 plan suggests a structured and pre-planned approach to trading, which can be viewed positively for corporate governance.
• The reporting person retains a significant number of shares (77,817) and vested options (8,400), indicating continued commitment to the company.

Negatives

• The sale of shares, even under a 10b5-1 plan, represents a reduction in the reporting person's direct beneficial ownership of common stock.

Risks

• While the Rule 10b5-1 plan is designed to provide an affirmative defense against insider trading allegations, the sale of shares by a corporate officer could be perceived negatively by the market.
• The price difference between acquisition and sale, while profitable for the individual, might be scrutinized in relation to other company performance metrics if not contextualized.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The use of a Rule 10b5-1 plan by a senior executive like Jill Fiedler-Kelly is a common practice to manage personal stock sales in a way that avoids potential insider trading concerns, especially within the software and pharmaceutical services industry where Simulations Plus operates.

Corporate Governance

Stakeholder Impact

• Shareholders: The sale of shares by an executive, even under a 10b5-1 plan, may lead to minor market perception shifts, though the retention of a significant number of shares and options mitigates this.
• Employees: The transaction does not directly impact employees, but the executive's continued ownership signals ongoing commitment.
• Management: The transaction highlights the use of established compliance mechanisms for personal trading.

Key Dates

Keywords

Simulations Plus, SLP, Form 4, Insider Trading, Common Stock, Rule 10b5-1, Stock Options, Beneficial Ownership, Securities Exchange Act