Simulations Plus (SLP) director awarded 2,117 shares as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEINER DANIEL L reported acquisition or exercise transactions in this Form 4 filing.
Simulations Plus, Inc. director Daniel L. Weiner received a grant of 2,117 shares of common stock as independent director compensation, issued under the company’s 2021 Equity Incentive Plan. The award was at no cash cost per share and brings his direct holdings to 16,547 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEINER DANIEL L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,117 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,547 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,117 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 16,547 shares
+2 more
5 metrics
Shares granted
2,117 shares
Independent director stock compensation grant
Grant price per share
$0.0000 per share
Reported transaction price for the stock award
Shares owned after grant
16,547 shares
Director’s direct holdings following the transaction
Transaction code
A
Grant, award, or other acquisition of common stock
Transaction date
May 1, 2026
Date of the reported stock grant
Key Terms
Equity Incentive Plan, independent director compensation, Form 4, transaction code "A"
4 terms
Equity Incentive Plan financial
"issued under the issuer's 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
independent director compensation financial
"Stock granted as independent director compensation"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
transaction code "A" regulatory
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Simulations Plus (SLP) report for Daniel L. Weiner?
Simulations Plus reported that director Daniel L. Weiner received 2,117 shares of common stock as a stock grant. The shares were issued as independent director compensation under the 2021 Equity Incentive Plan, rather than being purchased on the open market.
Was the Simulations Plus (SLP) director stock grant a market purchase or sale?
The transaction was a stock grant, not a market trade. Daniel L. Weiner acquired 2,117 shares at a stated price of $0.0000 per share as director compensation under the 2021 Equity Incentive Plan, meaning no open-market buying or selling occurred.
What plan was used for the Simulations Plus (SLP) director stock grant?
The stock grant to Daniel L. Weiner was issued under Simulations Plus’ 2021 Equity Incentive Plan. The footnote explains the 2,117-share award represents independent director compensation, aligning with typical equity-based incentives used by companies to compensate board members.