Simulations Plus (SLP) CRO sells 1,000 shares via Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simulations Plus, Inc. Chief Revenue Officer John Anthony DiBella II reported an open-market sale of 1,000 shares of common stock at $13.37 per share on April 15, 2026. The transaction was executed automatically under a pre-arranged Rule 10b5-1 trading plan, and he now holds 89,140 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($13,370)
Net Sell
1 txn
Insider
DiBella John Anthony II
Role
Chief Revenue Officer
Sold
1,000 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $13.37 | $13K |
Holdings After Transaction:
Common Stock — 89,140 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting person. There shares were sold in a single transaction at $13.37.
Key Figures
Shares sold: 1,000 shares
Sale price: $13.37 per share
Shares held after transaction: 89,140 shares
3 metrics
Shares sold
1,000 shares
Open-market sale on April 15, 2026
Sale price
$13.37 per share
Price for the 1,000-share transaction
Shares held after transaction
89,140 shares
Direct ownership after reported sale
Key Terms
Rule 10b5-1 plan, Form 4, open market, Common Stock
4 terms
Rule 10b5-1 plan regulatory
"The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting person."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Form 4 regulatory
"The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting person."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open market financial
"There shares were sold in a single transaction at $13.37."
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Simulations Plus (SLP) report on this Form 4?
Simulations Plus reported that Chief Revenue Officer John Anthony DiBella II sold 1,000 shares of common stock at $13.37 per share. The sale was an open-market transaction and was executed automatically under a pre-arranged Rule 10b5-1 trading plan.
Was the Simulations Plus (SLP) insider sale made under a Rule 10b5-1 plan?
Yes. A footnote explains that the sale reported in this Form 4 was executed automatically under a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, reducing the significance of short-term market timing.
What type of transaction is reported for Simulations Plus (SLP) in this Form 4?
The Form 4 reports a non-derivative open-market sale of common stock. The transaction code is “S,” which indicates a sale in the open market or a private transaction, with no derivative securities or option exercises included in this filing.