Simulations Plus executive sells 1,000 shares after option exercise
Simulations Plus, Inc. executive Jill Fiedler-Kelly, President, Services Solutions, reported an exercise-and-sale transaction in company stock.
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Form Type
4
Rhea-AI Filing Summary
Simulations Plus, Inc. executive Jill Fiedler-Kelly, President, Services Solutions, reported an exercise-and-sale transaction in company stock. She exercised options to acquire 1,000 shares of common stock at $10.05 per share, then sold 1,000 shares in an open-market trade at $16.53 per share.
The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan. After these transactions, she holds 77,817 shares of common stock directly.
Insider Trade Summary 10b5-1
Exercise and Sale: 1,000 shares ($6K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Fiedler-Kelly Jill
Role
President, Services Solutions
Sold
1,000 shs ($17K)
Approx. gross sale proceeds
$17K
Approx. exercise cost
$10K
Approx. pre-tax spread
$6K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 1,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,000 | $10.05 | $10K |
| Sale | Common Stock | 1,000 | $16.53 | $17K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 8,400 contracts (Direct);
Common Stock — 77,817 shares (Direct)
Footnotes (3)
- F1. The sale reported in this Form 4 was effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting person.
- F2. These shares were sold in a single transaction at $16.53.
- F3. Fully Vested
Key Figures
Shares sold: 1,000 shares
Sale price: $16.53 per share
Options exercised: 1,000 shares
+4 more
7 metrics
Shares sold
1,000 shares
Open-market sale of common stock at $16.53 per share
Sale price
$16.53 per share
Single transaction for 1,000 Simulations Plus common shares
Options exercised
1,000 shares
Employee stock option exercise for common stock
Option exercise price
$10.05 per share
Conversion or exercise price of employee stock option
Common shares after transactions
77,817 shares
Direct ownership following sale and option exercise
Option expiration date
February 23, 2027
Expiration of employee stock option (right to buy)
Net share change from trades
1,000 shares net sold
Transaction summary netBuySellShares -1,000
Key Terms
Rule 10b5-1 plan, open-market sale, Employee Stock Option (Right to Buy), derivative security
4 terms
Rule 10b5-1 plan financial
"The sale reported in this Form 4 was 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.
open-market sale financial
"transaction_action: "open-market sale" for 1,000 shares of Common Stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)" with underlying Common Stock."
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security" for the option exercise."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Simulations Plus (SLP) report for Jill Fiedler-Kelly?
Jill Fiedler-Kelly exercised options and sold shares. She exercised options for 1,000 Simulations Plus common shares at $10.05 each and sold 1,000 shares at $16.53 in an open-market transaction executed under a Rule 10b5-1 trading plan.
Was the Simulations Plus (SLP) insider sale by Jill Fiedler-Kelly pre-planned?
Yes, the sale was under a Rule 10b5-1 plan. The Form 4 footnotes state the 1,000-share sale at $16.53 was effected automatically pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
What type of derivative security did Jill Fiedler-Kelly exercise at Simulations Plus (SLP)?
She exercised an employee stock option. The derivative security is described as an "Employee Stock Option (Right to Buy)" for 1,000 underlying Simulations Plus common shares with a conversion or exercise price of $10.05 and an expiration date of February 23, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
