Simulations Plus (SLP) CRO auto-sells 1,000 shares under 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 company stock. He sold 1,000 shares of common stock at $16.50 per share in a single transaction.
The trade was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person, indicating it was scheduled in advance rather than timed discretionarily. After the sale, he directly holds 87,140 shares of Simulations Plus common stock, so the transaction represents only a small fraction of his reported direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($16,500)
Net Sell
1 txn
Insider
DiBella John Anthony II
Role
Chief Revenue Officer
Sold
1,000 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $16.50 | $17K |
Holdings After Transaction:
Common Stock — 87,140 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting person. These shares were sold in a single transaction at $16.50.
Key Figures
Shares sold: 1,000 shares
Sale price: $16.50 per share
Shares held after sale: 87,140 shares
3 metrics
Shares sold
1,000 shares
Open-market sale of common stock
Sale price
$16.50 per share
Price for the 1,000-share transaction
Shares held after sale
87,140 shares
Direct ownership following the transaction
Key Terms
Rule 10b5-1 plan, open-market sale, Form 4
3 terms
Rule 10b5-1 plan regulatory
"The sale reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan"
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"
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.
Form 4 regulatory
"The sale reported in this Form 4 were effected automatically"
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.
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. The shares were sold in an open-market transaction at $16.50 per share, with the sale disclosed on a Form 4 insider trading report.
Was the Simulations Plus (SLP) insider trade under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the sale was executed automatically under a Rule 10b5-1 plan. Such plans are pre-arranged trading programs, indicating the timing of this sale was scheduled in advance rather than decided spontaneously.
Who is the Simulations Plus (SLP) insider involved in this Form 4 filing?
The insider is John Anthony DiBella II, Chief Revenue Officer of Simulations Plus. He is listed as an officer of the company on the Form 4 and reported the open-market sale of 1,000 shares of the company’s common stock.